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flag Elderly man loses nearly $233,000 to online investment scam in Malaysia, police warn of risks.

flag An elderly man in Ipoh, Malaysia, lost nearly $233,000 to an online investment scam after seeing a promising ad on Facebook. flag The ad promised a quick 20% return on a small investment. flag The victim downloaded an app called PGLO.PRO and made 16 payments totaling RM974,000. flag He discovered the scheme was fraudulent on January 11, 2025. flag The police chief warned the public to be cautious of high-return investment offers that aren't registered with financial authorities.

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