A 73-year-old retiree in Johor Baru was swindled out of RM459,000 after falling for a fake online stock investment scheme that began with an unsolicited WhatsApp message last December. 1 Lured by promises of high returns (10-200%), the victim made 23 transfers to 10 different accounts between January and April, even receiving a small initial return of RM18,360. However, he never received further profits and was asked for a 'processing fee' for withdrawals. Police are investigating the case as cheating under Section 420 of the Penal Code. Authorities advise the public to be wary of high-return investment offers on social media and to verify their legitimacy with the Securities Commission Malaysia and Bank Negara Malaysia, urging scam victims to contact the 997 hotline.