KUANTAN: A vegetable farmer’s desire for a quick profit turned into a disaster when he lost RM108,344 after an investment scheme he joined turned out to be non-existent.
Pahang police chief Comm Datuk Seri Yahaya Othman said the 34-year-old victim claimed to have joined the investment through the WeChat app on Aug 30.
“The investment only required the victim to purchase ‘points’ to gain profits, which attracted him, and he continued to participate because he was promised substantial returns.
“The victim eventually made seven payment transactions through online fund transfers to four accounts provided by the suspect,” he said in a statement yesterday.
The victim realised he was deceived after not receiving any profits despite investing a significant amount, leading him to file a report at the Cameron Highlands district police headquarters yesterday, Comm Yahya said.
The public is advised to be cautious and not be easily influenced by investment schemes promising easy and substantial profits. They should verify account numbers received through social media links to avoid falling victim to scams. — Bernama
