Tangkak woman scammed of over RM695,000 in fake ‘Franklin Templeton’ investment via Facebook and WhatsApp

Tangkak woman scammed of over RM695,000 in fake ‘Franklin Templeton’ investment via Facebook and WhatsApp

TANGKAK, Aug 15 — A 60-year-old woman has been cheated out of RM695,375 after falling for an online investment scam that used the name of trading firm ‘Franklin Templeton’.

Local
Local

TANGKAK, Aug 15 — A 60-year-old woman has been cheated out of RM695,375 after falling for an online investment scam that used the name of trading firm ‘Franklin Templeton’.

According to Tangkak police chief Supt Roslan Mohd Talib, the victim discovered the investment offer on Facebook and later contacted the suspect via WhatsApp.

The suspect instructed her to download an application called ‘DESG’ through a link.

“Enticed by promises of a 100 per cent return, the victim carried out 16 transactions to four different mule accounts between July 2 and August 13,” he said in a statement yesterday.

The victim filed a police report today upon realising she had been deceived. The case is now being investigated under Section 420 of the Penal Code for cheating. — Bernama

A 60-year-old woman lost RM695,375 after falling victim to an online investment scam impersonating trading business ‘Franklin Templeton’. — Picture by Firdaus Latif

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