BATU PAHAT: A 54-year-old plantation manager lost over RM200,000 after falling for a cryptocurrency investment scam here.
Batu Pahat acting OCPD Supt Shahrulanuar Mushaddat Abdullah Sani said the Commercial Crime Investigation Department (CCID) was informed about the case after the victim lodged a report on Thursday (June 20).
“On June 4, the victim downloaded an application called ‘My Jodoh’ and was contacted by an unknown individual through Whatsapp.
“The suspect then offered the victim to invest in a cryptocurrency investment and was given a website link ‘member.101quantum.com’, where the victim had shared his personal information.
“The suspect then offered a return of 20% for any investment made with a minimum investment of RM500,” he said in a statement here on Friday (June 21).
Supt Shahrulanuar added that on June 8 and 9, the victim made two financial transfers worth RM10,500 to two different bank accounts.
“He then checked his cryptocurrency account and found that he had made RM12,222 in return.
“The suspect then requested that the victim make more investments if he wanted to gain more money in return.
“Between June 8 and 14, the victim had made three financial transactions to three different bank accounts worth RM217,000,” he added.
After making the transfer, the victim tried to withdraw the profit that he had made but was later told that his cryptocurrency account had been frozen.
“The suspect told the victim that if he wanted his money back, he would have to make another payment worth RM225,000,” he said, adding that this was when the victim realised that he had been duped.
The case is being investigated under Section 420 of the Penal Code for cheating.
