Crime & Courts

Retired factory worker loses RM117,375 in investment scam

TAIPING: A 57-year-old retired factory worker lodged a police report yesterday claiming she suffered losses worth RM117,375 due to a scam.

District police chief Assistant Commissioner Mohamad Nasir Ismail said police received the report at 12.01pm from the victim, who claimed she was deceived by a non-existent ASNB Investment Malaysia offer on Telegram.

Mohamad Nasir said initial investigations showed that while she was at home on July 16 at 12.20pm, she saw an advertisement for the investment on Telegram.

"The suspect explained to the victim that the investment offered a huge profit of RM75,000 with only RM1,500 in capital.

"She was promised returns within three to six hours. Additionally, her capital and profits would be deposited into her account.

"After receiving this explanation, the victim, interested in the offer, invested and clicked on a link provided by the suspect," he said in a statement today.

The victim made nine transactions to different bank accounts totaling RM117,375 between July 16 and July 22.

He said after making the payments, the victim did not receive the promised returns or profits.

"Following this, the victim realised she had been scammed and immediately lodged a report," he said, adding that the case is being investigated under Section 420 of the Penal Code for cheating.

He advised the public not to be easily deceived by online investment offers promising huge profits that seemed unrealistic.

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