SIBU: A man’s dream of starting his own business was dashed after he lost RM9,730 in an online loan scam.
Sibu district police chief ACP Zulkipli Suhaili said the jobless victim lodged a report yesterday after he lost his lifesavings to a scam syndicate.
“The man claimed that he was attracted to an advertisement on social media offeirnf easy loans,” he said in a statement today.
The victim subsequently called up the suspect and informed him that he wanted to take up a RM100,000 loan to start a business.
“The victim was requested to make an upfront payment for the approval of the loan,” said Zulkipli.
The victim transferred RM9,730 to three accounts provided by the suspect.
“He realised he had been cheated when he was asked to make more payment,” he said.
The case is being investigated under Section 420 of the Penal Code for cheating.