Retiree loses RM136,000 in online business scam

File photo for illustration purposes only. Photo credit: BearyBoo from Pixabay
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SIBU, Nov 13: A 60-year-old retiree lost his life savings of RM136,000 in a fraudulent online business scheme, police report.

Sibu district police chief ACP Zulkipli Suhaili stated that the victim was lured by an online offer linked to a well-known cosmetic brand, advertised through the Ask-Oshop app.

On Oct 9, the victim encountered a link to the business on Facebook and was subsequently contacted on WhatsApp by the suspect, who introduced the business platform.

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“The suspect promised substantial profits, requiring only an investment in purchasing items offered on the application,” Zulkipli said.

Enticed by the offer, the victim made 32 bank transfers to 11 local accounts, totaling RM136,000, between Oct 13 and Nov 7.

However, on Nov 10, the suspect informed the victim that the application had been frozen and demanded an additional RM70,000 to proceed with the business.

Feeling suspicious and realizing he had been scammed, the victim filed a police report on Nov 12.

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

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