by DayakDaily Team
KUCHING, Dec 4: Five more individuals have fallen victim to a fraudulent scheme carried out independently by a now-suspended Bank Simpanan Nasional (BSN) employee, losing a total of RM595,000.
Democratic Action Party (DAP) Sarawak chairman Chong Chieng Jen said the victims came forward after learning about the scam through media reports.
Previously, it was reported that four victims lost RM600,000 to the dishonest officer, who promoted a fake investment scheme to them individually between December 2024 and August to September 2025.
In total, Chong said 11 victims have registered claims of similar fraud cases involving the former bank employee, with an estimated RM1.6 million reported to have been misappropriated and swindled from them.
“I believe there are still many out there who have been swindled via the same officer using the same modus operandi. I urge that they quickly check and verify with the branches of BSN on their investments,” he stressed.
He explained that the modus operandi of the fraudster in swindling the five victims’ money were similar to that deployed by the fraudster on the other victims.
They were all asked to withdraw cash from their BSN accounts and thereafter the officer pretended to use the cash to invest in the scheme. They were subsequently issued fake receipts bearing BSN’s official branding.
The five victims only discovered the scheme was fraudulent after news reports surfaced, and subsequent checks with the bank revealed no records of their supposed investments.
Chong noted that the victims have lodged police reports and registered claims with the bank.
“Some of the victims have been informed by the officer of the bank that the bank will try to pay their losses within 14 days from the date of their claim,” he said.
Meanwhile, Chong commended the bank on its swift action in handling the matter as well as its effort in placing great importance to expedite this case and address the concerns and plights of the victims.
“I will also follow up closely on the cases reported to me till the victims get their money back,” he said.
For clarity, BSN was not involved in, did not authorise, and does not recognise the fraudulent investment product. The matter involved former or suspended BSN employees acting independently.
Upon discovery, BSN acted decisively by lodging police reports, initiating internal investigations, suspending the individuals concerned, and commencing legal proceedings where appropriate.
The Bank is also engaging directly with affected customers, with refunds for verified cases being facilitated in phases, subject to ongoing verification.– DayakDaily
