Retired engineer loses RM9.5 million to crypto scam in Johor
JOHOR BARU, Jan 15 — A 63-year-old former engineer from Johor has fallen victim to a cryptocurrency investment scam, losing a staggering RM9.5 million in the process.
The victim, who had been attracted to an online advertisement promising high returns from Bitcoin investments, first encountered advertisements for the scam in July 2024.
He clicked on the provided link and was directed to a WhatsApp group where two individuals contacted him, explaining how he could invest with returns of up to 50 times his initial investment.
“After being convinced, the victim downloaded and registered an investment account on a recommended application to monitor his investments,” said Johor Police Chief, Datuk…
