KLUANG: Another day, another case of people falling victim to an online scam.
This time, a 52-year-old smallholder became RM300,000 poorer after being duped by an online investment scam.
It all started when the man came across an advertisement on Facebook for an online investment offering lucrative returns within a short period.
Lured by promises of high returns, the man proceeded to join the so-called investment and transferred RM300,000 in stages to four bank accounts between November and early this month.
District police chief Assistant Commissioner Bahrin Mohd Noh said the victim realised he had been conned after being given excuses when he was unable to withdraw the profits from his investment.
The victim subsequently lodged a police report on Dec 13.
"Please exercise caution when investing in opportunities advertised on social media. Always verify their legitimacy," Bahrin said in a statement today.