By DayakDaily Team
KUCHING, April 27: A local man in his early 40s lost RM257,408 after falling victim to a non-existent online stock investment scam in Miri.
Miri District Police chief ACP Mohd Farhan Lee Abdullah said police received a report on the case on April 26, 2026.
According to the report, the victim became acquainted with a woman via the RedNote application in early March before continuing their communication on WhatsApp.
“The suspect later introduced the victim to an online capital investment scheme which promised lucrative returns within a short period,” he said in a statement.
Enticed by the guaranteed profits, the victim downloaded an application known as “Everwise” from the Google Play Store, as instructed by the suspect, for the purported investment.
He then proceeded to make 17 transactions to four different bank accounts.
“The victim only realised he had been scammed when the suspect continued to demand further payments despite no returns being received as promised,” Mohd Farhan said.
The case is being investigated under Section 420 of the Penal Code for cheating.
Meanwhile, police advised the public to remain vigilant and not to be easily deceived by investment offers promising high returns in a short time.
Members of the public are encouraged to verify the legitimacy of investment schemes through Bank Negara Malaysia and Securities Commission Malaysia via their respective investor alert lists.
They are also urged to contact the National Scam Response Center (NSRC) at 997 if they have recently made suspicious financial transactions.
Additionally, the public can check phone numbers and bank accounts through the CCID’s “Semak Mule” portal before making any financial transactions.
For updates on the latest scam tactics, the public may follow the Commercial Crime Investigation Department’s official social media channels. — DayakDaily
