Investment scam: RM270k down the drain for Serian teacher

Dato Mancha Ata

KUCHING, Dec 5: A woman in her mid-40s has lost RM270,000 a non-existent investment scam.

In a press release, Sarawak police commissioner Dato Mancha Ata said the police received the report from the the victim, a teacher in Serian, on Dec 4.

He said in early September this year, the victim was browsing Facebook when she came across a stock investment advertisement.


The victim dealt with a woman who introduced herself as ‘Chryseis’ before being added to a WhatsApp group named ‘A80’.

“In the group, the victim would be requested to attend classes through a website every Monday, Thursday or Sunday to learn about investing,” he said.

He added the victim was then instructed to download an app through a link (http://app.frweb.top/) and was asked to upload a picture of her IC for registration purposes.

He said the victim was offered returns of about ten per cent for each investment made and made nine transactions from mid-November until the end of the month, totalling RM270,000 to two bank accounts.

After each transaction, he said the victim would sell or buy stocks via the application, where she could view the stocks’ performance.

He said the victim was only aware she had been scammed when, on Nov 29, she found that the money in her application’s account could not be transferred to her bank account.

“She then checked with a Singaporean company and was told that the company did not provide stock trading services.” — DayakDaily