Dungun doctor duped in forex, Ethereum scam, loses RM558,000 through 77 transactions

Two separate victims in Malaysia have recently fallen prey to sophisticated investment scams, resulting in significant financial losses. In Dungun, a 32-year-old female doctor lost RM558,000 through 77 transactions involving forex and Ethereum coin investments. The victim was initially lured by an advertisement promising trading and investment lessons, leading her to engage in multiple transactions with various accounts.

She was then coerced into paying compensation to avoid legal consequences, only to realize she had been scammed. In a separate incident in Kuala Terengganu, a retired civil servant lost RM92,781 after being duped by a fake online loan scheme. The 60-year-old victim was enticed by a Facebook advertisement offering low-interest loans and was subsequently forced to make numerous payments to different accounts. Both cases are currently under investigation under Section 420 of the Penal Code.

Brief written by urgent.news from Malay Mail's own syndicated text. Machine-written — may contain errors; check the original before relying on it.