GEORGE TOWN: A consultant has lost RM690,500 to an online investment scam in November, says Penang police chief Comm Datuk Azizee Ismail. The victim, a woman aged 71, lodged a police report on Dec 29 about being scammed after she contacted the woman suspect via WhatsApp after seeing an advertisement about an investment scheme offering high returns on TikTok in mid-November, he added. "She was added to a WhatsApp group named QNTCX Invest and was promised 100 per cent profits in a short period based on the amount invested. The victim was attracted by the investment and was asked to download a ‘QNTCX’ app to register and invest. "The victim made 20 cash deposit transactions to four different company bank accounts from Nov 10 to Dec 23, 2005 totalling RM690,500,” he said in a statement on Thursday (Jan 1).

Source: The Star January 01, 2026 13:10 UTC