ALOR SETAR: A bank remisier suffered losses amounting to RM471,100 after being deceived by an investment scam advertised on Facebook last September.
Commercial Crime Investigation Department Head of the Kedah Contingent Police Headquarters, Supt Loi Yew Lik, said his department received a report from the complainant at the Kulim District Police Headquarters on Tuesday (Nov 18) at 1.50pm.
According to the report, the incident began on Sept 16 when the victim saw a scheme advertised by a company named CMIA Capital Partners, promising lucrative returns.
"The complainant was convinced by screenshots of profits and testimonials, and was told that the investment was guaranteed and risk-free.
“The complainant then contacted an individual named Cheryl, purportedly a representative from the investment company, via WhatsApp," he said in a statement on Wednesday (Nov 19).
Supt Loi said the complainant made 14 payment transactions totalling RM471,100 into a CIMB account under the name CH Keystone starting October 29.
He added that the complainant initially received a return of RM21,100, but following that, the suspect gave various excuses and asked the complainant to make additional payments.
The complainant suspected he had been cheated after his messages went unanswered.
"Investigations found that the phone number used by the suspect was not associated with the company CMIA Capital Partners," he said.
Supt Loi advised the public to be more vigilant and not to be easily deceived by investments that promise lucrative returns before making any transactions.
"Checks can also be made with the Securities Commission Malaysia or Bank Negara Malaysia (BNM) to verify the authenticity of an entity before making an investment decision,” he added. – Bernama
