Kuala terengganu: A government pensioner lost RM94,463 after falling victim to an online investment scam syndicate. Kuala Terengganu police chief ACP Azli Mohd Noor stated that on August 14, the 59-year-old man encountered an investment advertisement on the Telegram application.

According to BERNAMA News Agency, the victim followed instructions from the suspect by registering on an investment website. The victim, a resident of Batu Rakit in Kuala Nerus, initially invested RM200 and soon noticed that the profit displayed in his investment account increased sharply. Seeking higher profits, the victim made additional investments totaling RM94,263 across six different accounts between August 14 and 17.

Azli explained that the victim realized he had been scammed after failing to withdraw money from the investment account. The victim lodged a police report at 8:17 pm last night after losing his pension savings. The case is currently being investigated under Section 420 of the Penal Code.