SIBU: A man lost RM202,000 after he was taken in to invest in a stock investment scheme.
OCPD Asst Comm Zulkipli Suhaili said police received a report from the victim, aged 50, on Monday (Oct 21).
"The victim, who works in the private sector, claimed he was cheated through a non-existent stock investment," he said in a statement on Tuesday (Oct 22).
ACP Zulkipli said on Aug 9, the victim received a message on WhatsApp from a representative of an investment company, offering an opportunity to make high returns through the 'Boci International Investment Club' which piqued his interest.
The victim was then added to a WhatsApp group where investment discussions were held.
Later, he was instructed to download an app as an investment platform.
"Between Sept 26 and Oct 11, the victim made 13 transactions, amounting to RM202,000 to three local bank accounts," he said.
Subsequently, on Oct 21, he contacted the representative to inquire about withdrawing the profits but various excuses were given, ACP Zulkipli added.
Feeling something amiss and that he might have been scammed, the victim reported the matter to the police.
ACP Zulkipli said police have opened an investigation under Section 420 of the Penal Code for cheating.
