What was the total sum lost in the cryptocurrency fraud?

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Over RM10 Million Lost in Cryptocurrency Fraudulent Scheme

An 80-year-old retiree has lost more than RM10 million after becoming a victim of a cryptocurrency investment scam. The retiree was initially drawn into the fraudulent scheme after being added to a WhatsApp group that advertised the investment opportunity.
Involvement in WhatsApp Group

The victim was added to a WhatsApp group where an individual presented an offer to advance funds for cryptocurrency purchases. This individual allegedly promised to manage the transactions and requested repayment upon their successful completion.
Multiple Payments Made

Following the initial engagement, the complainant made a total of 13 payments, amounting to RM10 million, into several bank accounts. These accounts were registered under the names of eight distinct companies, indicating a structured fraudulent operation.
Growing Doubts and Reporting

Suspicion about the legitimacy of the investment arose when the victim was repeatedly asked to make further payments for various purported reasons. This prompted the retiree to file a police report, leading to an investigation under Section 420 of the Penal Code.

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What was the total sum lost in the cryptocurrency fraud?

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