KUALA LUMPUR: The lure of quick and big returns from an investment scheme led to a man losing over RM62,000 to a scammer’s tricks.

Kuala Lumpur Commercial Crime Investigation Department (CCID) chief Asst Comm Mohd Mahidisham Ishak said in a statement that the victim, 25, met a woman on social media on Sept 8.

“After several days of getting to know each other, the suspect offered an investment scheme that promised returns of around 10% to 20% within 24 hours,” ACP Mohd Mahidisham said on Thursday (Sept 23).

“His first transaction was around RM1,000 and he received the promised returns.

“From there, larger transactions were made in the hopes of reaping even more profits and the victim made several transfers into multiple bank accounts.

“However, when he did not receive the returns, he was told that the money had to go through a security check,” he said.

The victim…

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