Facebook encounter leads to RM1.6 mil cryptocurrency scam

20 Jan 2024 • 1:08 PM MYT
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IPOH – A consultant suffered losses of RM1.65 million from a cryptocurrency investment scam, Perak police chief Datuk Seri Mohd Yusri Hassan Basri said.

He added that the victim, a man, 37, from Taman Perak, lodged a police report about the matter yesterday, adding that the man was convinced to invest in cryptocurrency on a platform called Unobitex by someone he met on Facebook.

"Since September 12, 2023, the victim made 44 deposits totalling RM1,651,585 to various accounts but when he wanted to withdraw his profits, he was asked by the suspect to make a Saudi Arabian tax payment, which made him realise he was scammed,” he said.

He added that the case is being investigated under Section 420 of the Penal Code for fraud. – January 20, 2024

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