Mukah retiree dreams of big profits, loses RM435,000 to investment scam instead

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By William Isau

MUKAH, April 28: A 68-year-old man who dreamt of earning big profits from an investment lost RM435,000 instead.

Mukah district police chief, Deputy Supt Muhamad Rizal Alias, said on February 8, the victim—a government retiree—met a man who introduced himself as ‘Eric Yee’.

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The suspect invited him to invest in a company’s share dealing in gold and US dollar trading. The victim was then added to a WhatsApp group called ‘IG Global’, where the investment scheme was uploaded in PDF format.

“The man was interested and made 15 transfers totalling RM435,000 to different bank account numbers between March 16 to April,” said DSP Muhamad.

He added that on April 22, a female participant in the scheme told the victim that she could not withdraw the profit from her investment.

“The victim tried to withdraw RM2,225 but failed. He later discovered that he had been blocked from the group,” he said.

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

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