JOHOR BARU: An accountant has lost more than RM1mil to a non-existent online investment.

       Johor police chief Comm M. Kumar said the victim, 42, downloaded a mobile app called “Fidelity Max” through Play Store after coming across an advertisement on social media in October last year.

       “He made contact with an individual via WhatsApp who shared with him tips on how to buy company stocks from inside and outside the country. The scheme promised high returns.

       “After registering on the app, the victim made payments to a few accounts between last October and January this year,” he said in a statement here yesterday.

       Comm Kumar added that the victim transferred a total of RM1.34mil.

       “He noticed that his investment had made a huge profit on the app and decided to withdraw the money but only received RM2,000.

       “His attempt to withdraw further was met with various excuses.

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       “He only realised that he had been duped after being told to make another payment for the withdrawal,” Comm Kumar said.He lodged a police report on Sunday.