KULAI: Instead of making millions in profits, a businessman lost over RM500,000 to a bogus investment scheme.
Kulai OCPD Asst Comm Tan Seng Lee said the 45-year-old lodged a police report on Tuesday (Dec 17) claiming to be a victim of an investment scam.
“The victim came across an investment opportunity on Facebook through an app named Cap Max, which promises a return of between 3% and 120% within three days of his investment.
“He was then contacted by a female individual who then put him in a WhatsApp group and was told to download the app,” he said in a statement here on Wednesday (Dec 18).
ACP Tan added the suspect told the victim that the investment profits he made would be transferred into his Cap Max account.
“Thinking of such a promise of high returns, he then made seven payment transactions amounting to RM544,200 to four local bank accounts between Nov 25 and last Thursday (Dec 12).
“The victim then checked his Max Cap account and found he made a “profit” of more than RM9.3mil but when he wants to withdraw the profit, his account has been blocked,” he said.
ACP Tan added the victim then realised he had been cheated which led him to lodge a police report where the case was classified under Section 420 of the Penal Code for cheating.
He advised the public to be more aware of the latest trends used by commercial crime criminals to avoid them from being a victim.
“The public should not easily believe in any investment or online job offers that promise easy methods with high returns,” he added.
He said the public should make full use of the online services provided by the police commercial crime department such as Semak Mule, CCID scam response centre at 03-26101559 or 03-26101599, CCID infoline or visit its Facebook pages.
“The public can also contact the National Scam Response Centre at 997 to get any information about commercial crime before making any payment transaction to a third party,” he added.
