BINTULU: A retired private sector worker lost RM150,000 after falling prey to a non-existent investment scheme promising daily lucrative profits.
The woman in her 60s was contacted via WhatsApp in early October by an unknown individual who introduced her to a Sands investment opportunity.
Sarawak Police Commissioner Datuk Mancha Ata said that the victim was lured by the promise of up to 10 per cent profit per day.
Intrigued by the profits, the victim was instructed to register via a link provided to begin her investment.
“She then proceeded to transfer a sum of RM150,000 in stages into bank accounts provided by the suspect.
“However, the woman soon realised she had been cheated when she did not receive the promised profit and was asked to make more payments,” he said.
The woman reported the incident to the police and the case is being investigated under Section 420 of the Penal Code for cheating and dishonestly inducing the delivery of property.
Mancha urged the public not to be easily fooled by online investment offers and to conduct thorough checks before making any investments.
For verification, the public is encouraged to consult the lists of authorised companies and websites on www.bnm.gov.my or contact Bank Negara Malaysia at 1-300-88-5465, as well as the Malaysian Securities Commission at www.sc.com.my or 03-6204 8999.
