Man ends up RM1,000 poorer in investment scam

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SIBU: A student fell victim to a fraudulent investment scheme, losing RM1,000 after being enticed by the promise of substantial profits within a three-hour timeframe.

According to Sibu police chief ACP Zulkipli Suhaili, a report was filed by the victim, a 30-year-old individual, on Monday.

Following investigations, it was discovered that the victim came across an advertisement from Pro Smart Binance on Telegram last Sunday.

“Regrettably, the victim proceeded to invest RM1,000 into a local bank account, believing that he would receive the promised returns within three hours,” said Zulkipli.

Shortly thereafter, the victim received a call informing him that he had earned an investment profit of RM25,000. However, in order to claim the profits, he was instructed to make a payment of RM7,500.

“Concerned by the suspicious nature of the requests for additional payments, the victim realized that he had been cheated,” Zulkipli said, adding that the victim did not receive any of the promised returns or profits.

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The case is currently under investigation, falling under Section 420 of the Penal Code, which pertains to cheating.

To prevent falling victim to fraudulent schemes, the public is strongly advised to exercise caution and verify the legitimacy of online investments before proceeding.

For further guidance and information, individuals can reach out to the National Scam Response Centre (NSRC) at 997 or refer to the Facebook pages of @CyberCrimeAlertRMP and @JSJKPDRM.

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