PETALING JAYA: A 39-year-old private company manager lost almost RM600,000 after being duped in an investment scam.
Petaling Jaya OCPD Asst Comm Mohamad Fakhrudin Abd Hamid said the victim loded a police report on the matter on Tuesday (Nov 21).
"He got to know a local woman, who claimed to be handling online share investments.
"The suspect managed to entice him to join the investment scheme and he transferred RM598,680 into several accounts from Nov 14 last year until Nov 11 this year," he said in a statement on Wednesday (Nov 22).
The victim ended up not getting any returns on his investment, he said.
"The suspect gave various excuses including that her colleague had run off with the money and her assets had been frozen by the police," he said.
ACP Mohamad Fakhrudin advised the public to be more wary and not be duped by promises of lucrative returns in a short time.
"Be careful when receiving any investment offers and verify its authenticity by checking at Securities Commission website at https://www.sc.com.my/investoralert," he said.
