American expat loses nearly RM665,000 to investment scam - News Summed Up

American expat loses nearly RM665,000 to investment scam


KUALA LUMPUR: An American expatriate was cheated out of over half a million ringgit after being duped by an online investment scheme. According to the victim, he joined an investment scheme through the 'Moo Moo Chat' application. There, he chatted with a female suspect via WhatsApp to discuss the investment on Nov 26, 2025. "The complainant made transactions in stages into eleven different bank accounts, totaling RM664,278.00," he said. However, the victim was unable to retrieve his "profits" when he attempted to do so on Jan 30.


Source: The Star February 23, 2026 16:22 UTC



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