DUNGUN: A female doctor at a private clinic here lost RM558,000 after falling victim to an online Forex and Ethereum coin investment scam since January.

Dungun police chief Supt Nik Ab Halim Nik Mat said the 32-year-old victim initially saw an advertisement offering trading and investment lessons before contacting an individual via Instagram.

She was later contacted by an individual known as “Wan” on WhatsApp and made 77 transactions to six accounts between Jan 12 and Aug 11, losing RM558,000.

“The victim was later told she had committed an offence and needed to pay compensation to avoid legal action, but realised she had been cheated after receiving no returns,” he said in a statement.

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