Costly click: Facebook investment scam drains Johor retiree of RM535,000 in three months

AI Summary

A 57-year-old retiree in Johor Baru, Malaysia, lost RM535,766 to an online investment scam advertised on Facebook. Between March 13 and June 5, the victim made 26 transactions to five different bank accounts after clicking a link promising quick returns. Requests for additional payments to withdraw supposed profits were made but never honored. The victim filed a police report after realizing the scam. Police investigations revealed the accounts are linked to 22 other scam reports.