SEREMBAN: A 62-year-old retired civil servant lost almost RM343,000 after being cheated in a loan scam.
State Commercial Crime Investigation Department chief Supt Aibee Ab Ghani said the victim decided to apply for a RM200,000 loan after coming across an advertisement on social media on Sept 22.
"The loan was to pay for a non-governmental organisation-related programme the victim had organised. After making the application, a woman called him to ask for his personal documents to enable them to process it," he said in a statement.
Supt Aibee said that the woman then called the victim and told him that his application was successful and added that he was then asked to make payments purportedly for processing, insurance and agreement fees before he received the money.
He said that the victim then transferred money via 71 transactions into several bank accounts from Sept 29 till Oct 24 and raised the amount by borrowing from friends and relatives and selling his car.
"The victim only realised that he had been cheated when he asked for money from his children who told him that he had been scammed," said Supt Aibee, adding that the victim then lodged a police report.
He said that the case is now being investigated under section 420 of the Penal Code for cheating.
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