All incidents

39-year-old medical officer loses RM86,200 to cryptocurrency investment scam via WhatsApp group

Oct 1, 2024Kuala Terengganu, Malaysia1 source

Summary

A 39-year-old medical officer lost over RM86,200 to a cryptocurrency investment scam after joining a WhatsApp group that shared stock market tips. The victim was persuaded to invest in Twyae Global Exchange, a scheme promising high returns, and made five transactions totaling RM86,200 to the designated account. She was later blocked from withdrawing her supposed profits and was asked to transfer USD T35,146.60 in a stablecoin for an income verification process. Realizing she had been scammed, she reported the incident to the Kuala Terengganu district police headquarters on March 4. The case is being investigated under Section 420 of the Penal Code.

Incident Details

Domain
Fraud & Financial
Mechanism
contact
Platforms
Recipient
IndividualA 39-year-old medical officer from Kuala Terengganu
Dimensions
economic

Sources

1

This incident is documented by a single source. Source count reflects coverage in our monitored feeds, not the totality of reporting, and we do not evaluate publication quality.