BAU, Oct 29: A company manager here lost RM160,000 worth of savings after falling victim to an online investment scam.
Sarawak Commissioner of Police Dato Mohd Azman Ahmad Sapri said the victim who is in his 40s lodged a police report regarding the crime, yesterday (Oct 28).
According to the victim, he was attracted to an advertisement titled ‘HY Your Investing Friend Pembelajaran Stok Market’ while browsing through Facebook mid-September.
From there, the victim’s handphone number was added into a WhatsApp group called ‘Stock Exchange Group’ where he supposedly was taught about investing in the stock market by an individual named Jerry who claimed that he wad a manager at a financial company offering the investment scheme.
The victim then attempted to make an investment through a website and made five bank transactions totalling about RM160,000 to two bank accounts with different company names this month.
“The victim only realised that he was cheated after he tried to withdraw the investment profit worth RM20,000 but failed after the investment account was found to be frozen.
“The suspect then requested the victim to make an additional payment if he wished to proceed with the withdrawal.
“Following this, the victim then lodged a police report for further action,” Mohd Azman said in a statement today.
The case is being investigated under Section 420 of the Penal Code for cheating and dishonestly inducing delivery of property.
If found guilty, the accused faces imprisonment for a term which shall not be less than one year and not more than ten years and with whipping, and shall also be liable to a fine. — DayakDaily
