SERI ALAM: A 64-year-old man was duped into investing in a fake scheme known as 'Saham Q-She', which promised a quick 15 per cent return on his capital.
He made 10 online bank transfers amounting to RM149,291 to six accounts, between Aug 27 and Oct 14. He was unable to withdraw his promised profits.
The man lodged a police report yesterday.
District police chief Superintendent Mohd Sohaimi Ishak said when the victim, who worked as a maintenance supervisor attempted to withdraw his promised profits on Oct 15, the scammers gave him various excuses and demanded additional payments which he declined.
"It was at this point that the victim realised the scheme was fraudulent and lodged the police report," said Sohaimi said in a statement today. The case is investigated for cheating.