BINTULU: A company manager found herself RM140,000 poorer after falling for the enticing promises of a gold investment scheme.
The ruse unfolded on Mar 25 when the victim who is in her early 30s, received a gold investment scheme offer from a man named ‘Gao Yun Ze’ on Instagram.
Sarawak Police Commissioner Datuk Mancha Ata said the suspect provided her a link to register herself as a member to initiate the investment process.
After being briefed on the investment, the woman was promised by the suspect that she would earn a profit of RM102,000 within the same day.
“Intrigued by the promises, the victim proceeded to transfer RM140,000 for investment purposes into three different accounts via 10 transactions from end of March until early April.
“The victim realised she had been cheated when she did not receive the promised profit and investment capital,” he said.
The woman reported the incident to the police on Sunday (Apr 7) and the case is being investigated under Section 420 of the Penal Code for cheating and dishonestly inducing the delivery of property.
In light of this, Mancha urged the public to exercise caution and only invest in legitimate platforms registered with Bank Negara Malaysia and the Malaysian Securities Commission.
Furthermore, the public is advised against clicking on unfamiliar links or downloading applications via Android Package Kits (APKs) of dubious origins.
He added that financial advice should only be sought from registered agents, and individuals should be wary of investments promising exorbitant profits within a short timeframe.
