by DayakDaily Team
KUCHING, Jan 25: A 35-year-old local woman has suffered losses amounting to RM91,000 after falling victim to a non-existent online investment scam in Kuching.
According to a statement from Kuching district police chief ACP Alexson Naga Anak Chabu, the Commercial Crime Investigation Division (CCID) of the Kuching District Police Headquarters received a report regarding the fraud, which involved a bogus investment scheme known as ‘MGM Investment’.
The incident occurred on Jan 11 when the victim, who was at home, received an offer from an unknown individual via Telegram to invest in MGM Investment. She was offered an investment opportunity that promised high returns in a short period of time.
Interested in the offer, the victim was instructed to transfer money into bank accounts provided by the suspect. She subsequently made five payment transactions into five different bank accounts, involving a total sum of RM91,000.
However, the victim later realised she had been cheated after failing to withdraw both her invested capital and the promised profits.
“The victim suffered a total loss of RM91,000 as a result of this incident,” ACP Alexson said.
The case is being investigated under Section 420 of the Penal Code for cheating and dishonestly inducing the delivery of property. If convicted, the offence carries a punishment of imprisonment for a term of not less than one year and not more than 10 years, whipping, and may also include a fine.
Police have advised the public to remain vigilant against online investment scams and to verify the legitimacy of investment offers before committing any funds.
Members of the public are urged to check the list of licensed entities on the Securities Commission Malaysia website at www.sc.com.my and to avoid trusting investment offers on social media platforms that promise unusually high profits.
Those who believe they have been deceived are advised to lodge a complaint through the National Scam Response Centre (NSRC) hotline at 997 within 24 hours. Suspicious activities can also be reported to the Sarawak Commercial Crime Investigation Department (JSJK) via hotline or WhatsApp at 011-62890089, or by email at kjsjkswk@rmp.gov.my. – DayakDaily
