By DayakDaily Team
KUCHING, May 4: A male retiree in Miri lost more than RM586,000 after being duped by a non-existent investment syndicate operating through an online platform.
In a statement, Miri district police chief ACP Mohd Farhan Lee Abdullah said a report was received on the case on May 2 from the victim, who is in his 50s, related to the ‘PJT Investment Academy’ and‘ Boom-S Trading Platform’.
He said the victim received a message via WhatsApp from an unknown individual who offered an investment opportunity through ‘Akademi Pelaburan EVR’.
“The victim was told to join the investment group and to attend online stock market briefings via Zoom from Sunday to Thursday every week,” he said.
The suspect then instructed the victim to download an app called ‘Qo Secure’, which he was told was an exclusive trading platform with its advantages in stock transactions.
Through the platform, the victim was encouraged to invest in fake artificial intelligence (AI)-based investments, namely QTI Luxaigo, before finally realising that he had been cheated after conducting a background check on the company.
An investigation is being carried out under Section 420 of the Penal Code for cheating, which carries a jail sentence between one and ten years, whipping, and a fine. — DayakDaily
