Couple recovers full RM52,000 after bank investment scam

Chong receives token of appreciation from the victim on March 28, 2026.
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By DayakDaily Team

KUCHING, March 28: A couple who lost their investment savings in a scheme linked to a former bank employee have successfully recovered the full amount.

Democratic Action Party (DAP) Sarawak chairman Chong Chieng Jen said the couple had invested a total of RM52,000 in an investment scheme after being persuaded by the rogue ex-employee.

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He revealed that the couple initially received a partial refund of RM24,400 from the bank when they first lodged their claim, with the remaining RM27,600 withheld due to concerns over the “suspicious source of fund”.

“After my intervention two weeks ago, I was informed that the bank has refunded the balance RM27,600 to the couple yesterday,” he said in a statement today.

According to Chong, the wife visited his office to express her gratitude following the full refund.

He noted that while RM27,600 may not be a significant amount to financial institutions, it represents substantial, hard-earned savings for ordinary individuals.

The couple are among more than 70 customers who were allegedly victims of scams involving several former employees of the bank, a case which Chong said he had exposed to the media in late November 2025.

He added that the total amount involved in the scam is estimated to be around RM11 million.

“Among those who have sought assistance from me, more than 80 per cent of the scammed money has been returned to the victims,” he said.

Chong stressed that he will continue assisting those who have yet to recover their losses and will press the bank to ensure the remaining victims receive their refunds. — DayakDaily

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