The pensioner thought it was an investment on a legitimate platform and was promised high returns, but it was all a lie.
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The victim was added to a WhatsApp group and attended an online class on how to invest in cryptocurrency through an app called Yomaex. Sarawak Police Commissioner Datuk Mohd Azman Ahmad Sapri advised the public to only invest in investment platforms recognized by Bank Negara Malaysia and the Securities Commission.
Investors beware: Land of cryptocurrency scams Malaysia has seen a rise in cryptocurrency scams in recent years.
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