MIRI: A 50-year old man here has reportedly lost RM900,000 in an online investment scam.
According to Sarawak police commissioner Datuk Mancha Ata, the victim, a private sector employee, stumbled upon the scheme while browsing Facebook in mid-March.
He was contacted by an individual promoting an application that was allegedly intended to help users launch online businesses.
“Drawn in by the promise, the victim began communicating with the suspect via WhatsApp and subsequently made several bank transfers to an account provided by the scammer,” Mancha said in a statement on Wednesday (May 28).
Believing he was participating in a legitimate investment, the man only became aware he had been duped when the suspect kept requesting additional payments but failed to provide any returns.
“As of the time the report was filed, the victim had not received any of the profits he was promised,” Mancha added.
