NILAI: A woman has been scammed of almost RM3.5mil after she invested her savings in a non-existent online scheme.

       Nilai police chief Supt Abdul Malik Hasim said the victim, who was in her 60s, lodged a police report on Wednesday (March 20) upon realising that she had been duped.

       "The victim claimed that she had received a text message from an unidentified number in January offering a Forex investment scheme with high returns.

       "She believed the individual who had been communicating with her and decided to transfer the money into several accounts via 60 transactions," he said in a statement.

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       Supt Abdul Malik said the victim only realised that she had been cheated when she decided to check the website offering the scheme but could not find it.

       The case is being investigated under Section 420 of the Penal Code for cheating and carries a jail term of between one and 10 years, whipping and a fine upon conviction.

       He advised those planning to make online investments, especially schemes that offered unusually high returns to check with the authorities or Bank Negara before investing.

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       The public could always call the police's CCID Scam Response Centre at 03-2610 1559 or 03-2610 1599.