A 58-year-old woman suffered losses of nearly RM120,000 after being deceived by a fake investment scheme that promised returns of up to RM15,000 within just two hours.
District police chief Superintendent Yusof Othman said police received a report regarding the case on Thursday after the victim realised she had been cheated.
He said initial investigations found that the victim was attracted to the investment offer after coming across an advertisement on Facebook on 19 July.
According to Yusof, the syndicate allegedly promoted investment packages starting from RM300 and claimed investors could receive profits of up to RM15,000 within a short period.
“The victim was instructed to make several payments in stages, supposedly to unlock and release her investment returns,” he said in a statement.
The victim later transferred money through eight separate transactions into eight different bank accounts, resulting in total losses of RM119,599.24.
Yusof said the woman became suspicious after she failed to receive any of the promised returns despite completing multiple payments.
The case is being investigated under Section 420 of the Penal Code for cheating.
He reminded the public to be cautious of unregistered investment schemes, particularly those offering unusually high returns within a short timeframe.
Yusof also advised members of the public to follow official updates from the Commercial Crime Investigation Department (CCID) regarding the latest scam tactics, check suspicious bank accounts through the Semak Mule portal and use applications such as Whoscall before making transactions.
He added that scam victims should immediately contact the National Scam Response Centre (NSRC) at 997 to allow authorities to take swift action in preventing further fund transfers.
