SIBU (ANN/THE STAR) – A Sarikei resident was swindled out of MYR540,000 in a fraudulent online investment scheme, which claimed to offer lucrative returns of up to a hundred percent.
According to Sarawak Commissioner of Police Datuk Mohd Azman Ahmad Sapri, the 60-year-old housewife fell victim to the scam after responding to a Facebook advertisement on October 2.
She initiated contact with an individual named “Koon Yew Yin” via WhatsApp. The victim’s curiousity about share investments prompted her to click on a link provided by the suspect.
“The victim’s interest to learn about share investments led her to click on a link provided by the suspect.
“The woman was briefed about the investment scheme, and the suspect offered to act as her agent to facilitate the purchase of shares in two companies, namely Minox National Group Bhd and SSF Home Group,” Comm Azman said on Friday.
As she was attracted by the high returns ranging from 50 per cent to 100 per cent, the woman made 11 transactions, amounting to approximately MYR540,000, to three different accounts up to mid-October.
She only realised she had been cheated when the suspect requested additional payments, even though she had not received any returns on her investment.
