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Chef loses more than RM200,000 in cryptocurrency investment scam | Malaysia

cryptonews100_tggfrn by cryptonews100_tggfrn
November 10, 2026
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Chef loses more than RM200,000 in cryptocurrency investment scam | Malaysia
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A CHEF in his 50s has misplaced more than RM200,000 after being lured right into a cryptocurrency investment scam by a person he met via a smartphone software.

The sufferer was approached by the suspect at his residence in Ampang in September final yr and persuaded to take a position in cryptocurrency, in response to a supply.

“The sufferer, who was in the supply, downloaded an software offered by the suspect, purportedly for investment transactions.

“He subsequently made a number of cash transfers to financial institution accounts offered by the suspect,” the supply mentioned.

The suspect continued persuading the sufferer to inject more cash into the investment, with the ultimate switch made in June this yr.

The sufferer was promised that his investment capital can be returned in August. Nonetheless, neither the promised returns nor his preliminary investment of more than RM200,000 materialised.

Realising he had been cheated, the sufferer lodged a police report on the Ampang police station on Sunday, looking for additional motion. – November 10, 2026





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