PETALING JAYA: A Johor accountant has lost RM916,700 after falling for a share investment scam that promised high returns within 24 hours.
Kulai police chief Tan Seng Lee said the 55-year-old woman was drawn by offers of profits ranging from 30% to 40%, Bernama reported.
He said the woman made 35 transactions into four local bank accounts between Oct 2 and Nov 11.
Her “profits”, as displayed on the RGFO Maxx investment application, showed an amount of RM5.43 million.
However, she realised she had been cheated when she tried to make a withdrawal and found her account in the app had been blocked.
She made a police report.