MUAR: A 29-year-old man was duped of RM242,223 in a fake share investment scheme.
OCPD Asst Comm Raiz Mukhliz Azman Aziz said that the victim got to know about the scheme from a person whom he befriended via WhatsApp in May.
“They promised good returns of 10 to 100% of the capital and to trade the victim was asked to download an application to track his investments,” he said.
ACP Raiz Mukhliz added that the victim believed that it was a genuine scheme as he was able to make good returns within three days.
This prompted the victim to carry out 28 transactions to four different accounts totalling RM242,223 between Aug 1 and Sept 19.
“However the victim is still unable to withdraw his returns. The victim felt cheated and lodged a report after they kept on asking for more investments,”ACP Raiz Mukhliz said, adding that police have classified the case as cheating.
The public are advised to be cautious when making large transfers to various accounts online, and to always use the Semak Mule mobile app or go to https://semakmule.rmp.gov.my to check if any of the bank accounts or phone numbers concerned have been associated with suspicious activities.
