Port Dickson district police chief Aidi Sham Mohamed said the 39-year-old woman from Kampung Paya, Port Dickson, was believed to have known about the investment through an old friend since 2017, but she only started participating in the scheme in January last year.

“The victim had downloaded an app for investment purposes. All the investment deals were carried out through the application and a website.

“It is believed that the victim made profits from her initial investments,” he said in a statement here today.

However, Aidi said beginning last April, the victim realised that she had not received any returns from the investments and decided to lodge a police report.

He said that between April and June this year, the woman made 45 transactions to 21 individuals’ accounts and one company’s account.

“Investigations under Section 420 of the Penal Code are under way,” he added.

Aidi reminded the public not to be easily deceived by online investment schemes on social media that promised lucrative returns and to verify any information they received before investing.