Mechanic loses over RM300,000 to jewellery investment scam


SIBU: A mechanic has lost more than RM317,000 after falling victim to a bogus online investment scheme.

Sibu OCPD Asst Comm Zulkipli Suhaili said the victim, in his 40s, became acquainted with a woman from China through Facebook on June 13.

The woman allegedly offered him an investment opportunity involving the purchase and resale of jewellery, claiming it could yield attractive returns.

“Enticed by the promise of a 10% commission, the victim made 21 transactions to 10 different bank accounts between June 13 and July 28, amounting to RM317,048,” Zulkipli said in a statement on Monday (Aug 25).

When the victim later attempted to withdraw his supposed earnings, he received no response from the operators. The website linked to the scheme was also found to be inaccessible.

Realising he had been cheated, the victim lodged a police report.

The case is being investigated under Section 420 of the Penal Code for cheating.

 

 

 

 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Indonesian boy feared drowned after falling into river in Subang
Anwar sues Tuan Ibrahim over alleged defamatory remarks during ceramah
Malaysia ready to strengthen defence cooperation with Iran, says Mohamed Khaled
Zahid visits Ismail Sabri at IJN
Govt allocates RM80mil to upgrade Istana Budaya facilities
Malaysia wins five medals at robot challenge in Beijing
PKNS say loss, debt claims inaccurate and misleading
Defence Ministry allocates RM275.4mil for veterans
Refer to official guidelines to avoid mistakes in displaying Jalur Gemilang, says JaPen
Sunway Puteri Hills launches as Johor's first elevated hilltop dining hub

Others Also Read