A Malaysian accountant has lost RM460,888 to Bitcoin criminals who promised her high returns on an investment.
According to reports, the 61-year-old accountant who was the victim of the fraudulent activity suffered a loss of approximately RM460,888 as a result of his poor investment decision. According to the police report, the Malaysian accountant was attracted to a Bitcoin investment scheme due to its potential high returns.
The elderly woman filed a report at the police station after detecting the fraud, according to ACP Mohd Sohaimi Ishak, the police director of the Seri Alam district. She stated in her report that she was associated with an investment platform known as PFOU. The victim also stated that she joined the platform in July 2024 after being convinced beyond all reasonable doubt by multiple Facebook advertisements.
After expressing interest in joining the investment group, she received a link that would direct her to the general group, according to her report. The devious actors deployed many people to clarify the operation of the investment while she was in the general group. They provided her with the information, which served to further solidify her conviction regarding the platform’s legitimacy. She emphasized that the primary focus of their explanations was the returns she would receive from her investment.
In December, the victim made the decision to invest after months of contemplation regarding the investment opportunity. She stated that she was on the brink of retirement, and what better way to secure funds with an investment that would yield substantial returns. The Malaysian accountant asserted in her statement that the fraudsters instructed her to obtain an application known as UVKXE. The application was employed to track investments and profits in real time.
According to the Malaysian accountant’s declaration, she made three payments totalling RM460,888. The victim made these payments to two distinct bank accounts between December 30 and January 16. She was able to view her investments and profits from the UVKXE application after paying, as the fraudsters had claimed. She observed that her investment and proceeds totalled approximately 1,219,907 USDT (RM5.5 million).
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