RM9000 Invested into a Forex Scheme Turned Into a RM150000 Nightmare

A 22-year-old Malaysian woman thought she had found a way to help her struggling family. What seemed like a simple foreign exchange investment quickly became a nightmare that cost her family nearly RM150000 and their peace of mind.

Leong, a fresh graduate looking for financial stability, came across what appeared to be a genuine forex investment online. Using her entire savings of RM9000, she decided to give it a try. When an early return of RM500 appeared in her account, she believed she had made the right choice.

But that belief did not last long.

Encouraged by the small profit, Leong was told she could earn much more, but only if she invested further. Later, when she tried to withdraw her funds, the scammers demanded a large processing fee before releasing her supposed profits. Desperate not to lose what she had already invested, she secretly borrowed RM20000 from 17 unlicensed moneylenders to cover the fee.

That decision changed everything.

The scammers disappeared, and the investment turned out to be fake. When Leong could not repay the borrowed money, the loan sharks began to threaten her and her family.

The harassment quickly escalated. The lenders sent threatening messages filled with insults and intimidation, along with photos of the familys homes, vehicles, and identification cards.

Leongs 61-year-old father, a retired bank employee with a disability, felt he had no choice but to protect his daughter. He withdrew RM150000 from his retirement savings to settle the debts and stop the harassment.

However, the nightmare did not end there. The lenders claimed that the family still owed RM70000 in interest and continued to send threats.

Authorities continue to urge the public to verify any investment offers through Bank Negara Malaysia and the Securities Commission Malaysia and to stay cautious of opportunities that promise high returns with little risk.

For Leong and her family, the lesson came at a devastating cost that no amount of money can repair.