A senior manager of an insurance company has lost over RM600,000 from being cheated by a bitcoin investment syndicate since October.
Petaling Jaya police chief ACP Mohd Fakhrudin Abdul Hamid said the 40-year-old local woman got involved in bitcoin investments through a mobile phone application believed to be introduced to her by a foreign man.
He said the victim got to know the man who used an international phone number in early October.
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