SARIKEI: A homemaker in her sixties has lost RM540,000 in savings to a fraudulent investment scheme.
Police Commissioner Datuk Mohd Azman Ahmad Sapri said the Commercial Crime Investigation Department (JSJK) Sarawak received a police report on October 26 regarding the fraud investment case in Sarikei.
He said, “On October 2, the victim saw an advertisement on Facebook by the name of “BursaMalaysia” and contacted a suspect named Koon Yew Yin through the WhatsApp application.
“The victim was interested in learning about stocks and clicked on a link provided by the suspects which explained about the investment,
“The suspect offered to act as an agent to assist the victim in purchasing stocks of two companies listed on the stock exchange, namely, Minox International Group Bhd and SSF Home Group Bhd.”
Azman said the victim was assured of returns varying from 50% to 100% in the stock investment.
Subsequently, she initiated 11 transactions, gradually transferring a total of around RM540,000 to three bank accounts, starting from the beginning of October until mid-October.
The victim became aware of the deception when the suspect demanded further payments although she had not yet received any returns or profits.
