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Retiree loses RM1.4m in phone scam after fraudsters pose as authorities

A 66-YEAR-OLD private-sector retiree lost more than RM1.417 million after falling victim to a phone scam involving a bogus money-laundering investigation.

  • 66-year-old retiree loses RM1.417 million in phone scam
  • Fraudsters posed as authorities, instructed account transfer
  • Police investigating under Penal Code Section 420

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