Crime
Doctor in Pahang loses EPF savings to online scam promising fake Nikko Asset Management investment returns
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AI Summary
A 55-year-old doctor in Kuantan, Malaysia, lost RM468,000 to an online investment scam advertised on Facebook. The scammer impersonated a representative of Nikko Asset Management, promising high returns. The victim made 14 transactions from her EPF savings into four different accounts. After being shown fake profit statements and asked to pay taxes on the supposed gains, the victim became suspicious and reported the incident to the police. The case is being investigated under Section 420 of the Penal Code.
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