An 87-year-old retiree in Kuala Terengganu lost RM277,000 after falling victim to a fraudulent stock investment scheme advertised on WhatsApp. The octogenarian first encountered the advertisement on September 18, 2025, and subsequently began communicating with an individual identified as "Ms. Nina," who provided details about the purported investment opportunity.
Enticed by the promises of the suspect, the victim conducted several fund transfers between November 13 and December 24, 2025. These payments, totalling RM277,000, were made into two different bank accounts and consisted of the victim's personal savings as well as funds from his Tabung Haji account.
The victim realized he had been cheated after failing to receive any of the promised returns and lodged a police report at the Kuala Terengganu district police station on March 5, 2026. Kuala Terengganu District Police chief ACP Azli Mohd Noor confirmed that the case is currently being investigated under Section 420 of the Penal Code for cheating.