KUALA TERENGGANU: A 35-year-old businessman lost RM100,900 after being duped by an online share investment scam syndicate that lured him with promises of high returns. Kuala Terengganu OCPD Asst Comm Azli Mohd Noor said the victim received a WhatsApp message on Dec 16 last year from a male Indonesian client offering him a partnership in a share investment scheme. Drawn by the promise of lucrative returns, the businessman made 15 transactions totalling RM100,900 into 15 different accounts as instructed between Dec 17, 2025 and Jan 24. "Besides exhausting his savings, he also sold five motorcycles and borrowed money from friends and close relatives to finance the so-called investment today. Police have urged the public to remain cautious of investment offers that promise unusually high returns and to verify schemes before committing any funds.- Bernama

Source: The Star February 15, 2026 01:57 UTC