KULAI: A 64-year-old tow trucker lost over RM270,000 after falling prey to an investment scam here.
Kulai OCPD Asst Comm Tan Seng Lee said the victim was introduced to the bogus scheme via Facebook in August before continuing his communication with the suspect through WhatsApp.
“After knowing each other for about two weeks, the suspect convinced the victim to invest in a non-existent cryptocurrency scheme that promised multiple-fold returns within a short period.
“The victim made 49 transactions totalling RM267,250 into seven local bank accounts between Aug 18 and Sept 19, supposedly to collect reward points before he could withdraw the profit,” he said in a statement on Friday (Sept 26).
ACP Tan said the victim grew suspicious after being asked to make a final payment of RM88,184 to complete the so-called 100 reward points and decided to lodge a police report on Thursday.
He added that the case is being investigated under Section 420 of the Penal Code for cheating.
ACP Tan advised the public not to be easily deceived by investment offers that promise high returns in a short time and to check with the National Scam Response Centre (NSRC), CCID Infoline or Semak Mule before making any transactions.
