by DayakDaily Team
KUCHING, Jan 18: Kuching police are investigating a case of online investment scam involving ‘Navis Wealth’ that caused a local woman to lose RM339,486.
In a statement, Kuching District Police Chief ACP Alexson Naga Chabu said the Commercial Crime Investigation Division received the report from a 40-year-old local woman.
He said on Dec 3, 2025, while at home, the victim expressed interest in investing in the ‘Navis Wealth’ scheme she discovered on Facebook. The victim was then given a link to download from a naviscapital.co website and was added to a WhatsApp investment group.
“Believing in the scheme, the victim made a series of online transfers into three different company bank accounts, totalling 22 transactions.
“She suspected fraud after failing to withdraw the returns displayed in the Navis Wealth application,” he said.
He added the case is being investigated under Section 420 of the Penal Code for cheating and dishonestly inducing delivery of property, which carries a prison term of not less than one year and not more than ten years, whipping, and a possible fine if convicted.
ACP Alexson advised the public to check licensed entities on the Securities Commission Malaysia website at www.sc.com.my and not to trust investment offers on social media promising unusually high returns.
He also urged those who have been defrauded to lodge a report via the NSRC hotline at 997 within 24 hours and to report suspicious activities to the Commercial Crime Investigation Department (JSJK) Sarawak through calls, messages, or WhatsApp at 011-62890089 or via email at kjsjkswk@rmp.gov.my. — DayakDaily
