By DayakDaily Team
KUCHING, June 6: A 50-year-old local woman from Miri has fallen victim to a non-existent online investment scam, losing approximately RM110,000 in a series of online transactions.
According to Sarawak Police Commissioner Dato Mancha Ata, the victim, a private sector employee, came across an advertisement on Instagram in mid-April 2025, offering free reading materials.
Intrigued, she clicked on a link that led her to a WhatsApp group called “POPULAR BOOKS 90”.
“In the group, she was contacted by an individual (the suspect) who persuaded her to join an investment scheme promising high returns in a short period. Enticed by the offer, the victim contacted the group administrator to proceed with the investment.
“Over the next few weeks, the victim made several staged money transfers to a bank account provided by the suspect. The total amount transferred reached more than RM110,000,” Mancha said in a statement today.
The victim only realised she had been scammed when, despite the promise of high returns, she received nothing.
Mancha advised the public to exercise caution and avoid falling for investment offers on social media. Before committing, it is important to research the individuals or companies making such offers.
Investors should only engage with platforms that are registered with Bank Negara Malaysia and the Securities Commission Malaysia. It is also recommended to seek advice from registered financial advisors when considering an investment.
Additional caution is advised against investments promising unrealistically high returns in a short time frame.
The public is encouraged to verify companies and websites that lack approval or authorisation by visiting www.bnm.gov.my/BNM Telelink 1-300-88-5465 (Bank Negara Malaysia) or www.sc.com.my / (603) 62048999 (Securities Commission Malaysia).
Those who fall victim to cyber fraud (such as phone scams, love scams, fake e-commerce, or non-existent loans), or have recently made a money transfer to a suspected account or e-wallet, should contact the National Scam Response Center (NSRC) at 997 immediately. — DayakDaily
