Clerk loses more than RM700,000 in forex scam

PORT DICKSON: A clerk here lost almost RM715,000 after she was scammed in an online foreign exchange scheme.

Port Dickson OCPD Supt AidI Sham Mohamed said the 39-year-old victim began investing in the online forex scheme in January last year after being introduced to it by a friend.

“The victim made her investments in US dollars via an application she had downloaded and through a website.

“She made profits on several occasions but did not receive any returns since April this year,” he said in a statement.

Supt Aidl Sham added that the woman had banked money into 21 individual accounts and another belonging to a company from April till June this year via 45 transactions.

The victim, Supt Aidl Sham added, lodged a police report on June 19 after realising that she had been duped.

“We would like to advise the public not to be easily influenced by investment schemes on social media which promise high returns,” he said.

“You can always check with Bank Negara if these schemes are legitimate.”

The police are probing the case under Section 420 of the Penal Code for cheating.

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