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KUCHING, June 6: A 33-year-old salesman lost RM524,800 to an investment scam known as ‘BB Trade VIP’ promoted through Facebook.
Sarawak Police Commissioner Dato Mohd Ahmad Sapri confirmed that the victim, who worked as a salesman in a telecommunication shop in Padawan, has lodged a police report yesterday (June 5).
According to the victim, he was drawn to the investment scheme after encountering a Facebook post about it on April 28.
“Intrigued, he clicked on the ‘Learn More’ link, which connected him to the suspect who identified himself as ‘Justin Kang’ via mobile numbers 011-40086359 and 011-56376504.
“The suspect assured the victim that he would earn a 20 per cent profit on his investment,” Mohd Ahmad said in a statement today.
To participate in the investment scheme, the victim was instructed to transfer funds to various accounts to cover service charges.
Without hesitation, the victim completed 19 transactions between April 28 and June 5, totalling RM524,800, to seven different bank accounts.
Only after experiencing difficulty reaching the suspect through the provided mobile numbers did the victim realise he had been scammed.
Mohd Ahmad reiterated the importance of investing solely through platforms registered with Bank Negara Malaysia and Malaysia Security Commission.
Additionally, the public is advised to seek financial advice from registered agents before making any investments.
To avoid falling prey to scams, individuals are urged not to click on unfamiliar links or download unknown APK Android packages.
“Furthermore, it is essential not to trust investment opportunities promising high returns in a short period.
“Avoid transferring money to bank accounts unrelated to the investment and conduct thorough checks on company names and online portals,” Mohd Ahmad urged.
To verify permitted and approved entities, refer to www.bnm.gov.my or contact Bank Negara Malaysia at 1-300-88-5465, as well as www.sc.com.my or contact the Malaysia Security Commission at 603-62048999.
In the event of becoming a victim of cyber crimes, such as phone scams, love scams, e-commerce scams, or fake loans, individuals can reach out to the National Scam Response Centre (NSRC) at 997.
If a monetary transaction has been recently completed through a bank account or e-wallet, immediate action is advised. — DayakDaily
