IPOH: A salesman lost RM904,000 after falling victim to a fake investment scheme.
Perak police chief Datuk Seri Mohd Yusri Hassan Basri said the man, 51, lodged a report over the incident yesterday.
"Initial investigation found that the victim came across a post about the investment scheme on Facebook on April 15 and clicked on its link, which led him to deal with a person on the WhatsApp application.
"On May 1 and May 12, the victim deposited his money into two bank accounts in the names of two different companies totalling RM904,000.
"The victim later realised that he didn't get any return on investment as promised and felt that he had been cheated," he said in a statement today.
Yusri warned the people to be cautious of investment schemes that promised lucrative returns.
"To combat fraudulent investment activities, people must check before participating in any investment scheme that promises quick and lucrative profit.
"Checks can be done through various platforms such as police, Bank Negara Malaysia and Malaysian Communications and Multimedia Commission," he said.
The case is now being investigated under Section 420 of the Penal Code for cheating.