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Insurance agency manager loses RM695,000 in Facebook investment scam

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Insurance agency manager loses RM695,000 in Facebook investment scam

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A 60-year-old insurance agency manager in Kuantan, Malaysia, lost RM695,000 to a Facebook investment scam. After downloading an app and investing RM5,000, she received RM900 profit, encouraging further investments. She made 22 transactions totaling RM695,000 from savings and borrowed funds. Unable to withdraw her money, she realized the scam and filed a police report. The case is under investigation for cheating.

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