KULAI: A system programmer lost over RM219,300 after falling victim to an online investment scheme that promised ludicrous returns. “The suspect claimed that the profits would be credited to an investment application owned by the victim. He added that the victim later checked her investment account and saw that her profits were listed as RM336,544. ACP Tan said the case is being investigated under Section 420 of the Penal Code for cheating by false investment. “I urge and advise the public not to be easily deceived by investment schemes promising unusually high returns in a short period.
Source: The Star February 15, 2026 13:17 UTC