AI Summary
A 59-year-old retiree in Kuala Terengganu, Malaysia, lost his entire RM94,463 retirement payout to a fraudulent investment scheme. Lured by a Telegram message promising high returns, he initially invested RM200 and saw early profits. However, attempts to withdraw his earnings led to demands for processing fees. He made 12 transactions totaling RM94,463 into six different bank accounts before realizing he had been scammed. Police are investigating the case under Section 420 of the Penal Code.
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