BUKIT MERTAJAM: A private sector clerk lost RM465,200 after falling victim to a syndicate offering a non-existent online investment scheme.
Penang police chief Datuk Hamzah Ahmad said the Commercial Crime Investigation Division of the Seberang Perai Tengah Police Headquarters received a report from the 47-year-old woman on Wednesday (May 14) regarding the scam.
"In March, she came across a share investment advertisement on Facebook and contacted a woman via WhatsApp before being told to download an app and register herself as a member to start investing.
"The clerk was promised profits of up to 60% within a short period, and she made 14 cash transactions into three different bank accounts involving a total of RM465,200," he said in a statement on Thursday (May 15).
Hamzah said the woman clerk became suspicious when she failed to withdraw the profits shown on the application and was instead told to make more investments if she wanted to make the withdrawal.
He said the case is being investigated under section 420 of the Penal Code. – Bernama
