BATU PAHAT: A 55-year-old trader lost RM571,242 after falling victim to a non-existent investment scheme promoted through social media platform.
Batu Pahat OCPD Asst Comm Shahrulanuar Mushaddat Abdullah Sani said the victim contacted an unknown person via a contact number provided after being drawn to the offer of high returns.
“Between July 10 and 31 last year, the victim made several transactions to three different bank accounts.
“She later saw a profit of RM804,000 displayed on the investment mobile application.
“However, when she tried to withdraw the funds, the account was blocked and she realised she had been cheated,” he said in a statement yesterday.
The case is being investigated under Section 420 of the Penal Code for cheating, Bernama reported.
Police have urged the public not to be easily swayed by investment schemes.
Victims are also advised to contact the National Scam Response Centre at 997 immediately to allow prompt action to block any outgoing funds.
