Businessman loses RM1.5mil to online investment scam
Nilai OCPD Supt Abdul Malik Hasim said the victim, a businessman in his 50s, lodged a report on Monday (July 21) after realising that he had been duped.
"The victim, in his report, said that he had been contacted by an individual in late April asking if he was keen to invest in an online investment scheme.
"The victim, after being told that the returns were unusually high, agreed to download an application on his mobile phone so he could invest," he said in a statement.
Supt Abdul Malik said the victim then transferred the cash into seven bank accounts through 15 transactions.
He said the victim only realised that he had been conned when he was unable to withdraw his profits.
"He was told that he would have to make additional payments if he wished to do so," he said, adding that the victim lodged a report at the Pantai station.
The case is being investigated under Section 420 of the Penal Code for cheating.
He advised the public to always check with official sources such as Bank Negara before investing in any scheme, especially those that promise unusually high returns.
The public can also call the Commercial Crime Investigation Department Scam Response Centre at 03-2610 1559 or 03-2610 1599, he added.
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