Miri man duped by online investment scam, loses RM233,950

File photo for illustration purpose only. Photo credit: Pixabay
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By DayakDaily Team

KUCHING, Feb 22: A man in his 30s has lost RM233,950 in an online investment scam in Miri.

In a statement, Miri police chief ACP Mohd Farhan Lee Abdullah said that the victim became interested in the investment in October 2025 after browsing a website and joining a stock investment WhatsApp group that displayed the profits of its members.

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“He initially invested RM100 and received a profit of RM700 credited to his account. Following that, he made additional investments in larger amounts after being promised multiplied returns.

“Following that, the victim made 27 transactions to 21 bank accounts. He realised he was being scammed when he was asked to make further payments even though he had not yet received the promised profits,” he said.

The case is being investigated under Section 420 of the Penal Code for cheating. — DayakDaily

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