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The Sun
22-05-2025
- Business
- The Sun
Sibu housewife loses RM447,300 to phantom investment that offered lucrative returns
SIBU: An elderly housewife here became the latest victim of a non-existent online investment fraud syndicate, when she was deceived of RM447,300 by the lure of lucrative returns. Sibu police chief ACP Zulkipli Suhaili said the Commercial Crime Investigation Division of the Sibu district police headquarters (IPD) received a report from the victim, in her 60s, yesterday and an investigation paper has been opened under Section 420 of the Penal Code for cheating. 'On Jan 11 this year, the victim met a woman who introduced herself as 'Ah Chong' via Facebook before contacting another suspect using the name 'Amy' via WhatsApp. 'The suspect offered the victim to participate in a stock investment scheme via a WhatsApp group known as 'Programme VIP012',' he said in a statement today. Zulkipli said that after seeing testimonials from other investors who allegedly made lucrative profits, the victim agreed to participate in the investment named 'J.P. Morgan Family Office'. According to him, the victim only needed to make a payment into the account provided by the suspect with a guarantee that the profits would be deposited into the account uploaded in the name of 'JPFO Max'. The victim was excited after finding the high investment profits when checking via the JPFO Max application and continued to make 33 money transfer transactions between April 16 and May 20 to five local accounts totalling RM447,300. When informed that the total accumulated profit had reached RM800,000, the victim requested a withdrawal but the suspect claimed that the investment was still ongoing and required additional capital before any withdrawal was allowed. After making the payment, the victim finally realised that she had been cheated and came forward to file a report and in this regard, Zulkipli advised the public to be careful with investment offers that promise lucrative returns and to check with the authorities first. The public can check the list of companies or websites that have not received approval via the Bank Negara Malaysia website at or contact BNMTELELINK at 1-300-88-5465, as well as the Securities Commission of Malaysia at or 03-6204 8999. They can also check via the Investment Checker application or the website he said.
The Sun
22-05-2025
- Business
- The Sun
Housewife loses RM447,300 to investment that offered lucrative returns
SIBU: An elderly housewife here became the latest victim of a non-existent online investment fraud syndicate, when she was deceived of RM447,300 by the lure of lucrative returns. Sibu police chief ACP Zulkipli Suhaili said the Commercial Crime Investigation Division of the Sibu district police headquarters (IPD) received a report from the victim, in her 60s, yesterday and an investigation paper has been opened under Section 420 of the Penal Code for cheating. 'On Jan 11 this year, the victim met a woman who introduced herself as 'Ah Chong' via Facebook before contacting another suspect using the name 'Amy' via WhatsApp. 'The suspect offered the victim to participate in a stock investment scheme via a WhatsApp group known as 'Programme VIP012',' he said in a statement today. Zulkipli said that after seeing testimonials from other investors who allegedly made lucrative profits, the victim agreed to participate in the investment named 'J.P. Morgan Family Office'. According to him, the victim only needed to make a payment into the account provided by the suspect with a guarantee that the profits would be deposited into the account uploaded in the name of 'JPFO Max'. The victim was excited after finding the high investment profits when checking via the JPFO Max application and continued to make 33 money transfer transactions between April 16 and May 20 to five local accounts totalling RM447,300. When informed that the total accumulated profit had reached RM800,000, the victim requested a withdrawal but the suspect claimed that the investment was still ongoing and required additional capital before any withdrawal was allowed. After making the payment, the victim finally realised that she had been cheated and came forward to file a report and in this regard, Zulkipli advised the public to be careful with investment offers that promise lucrative returns and to check with the authorities first. The public can check the list of companies or websites that have not received approval via the Bank Negara Malaysia website at or contact BNMTELELINK at 1-300-88-5465, as well as the Securities Commission of Malaysia at or 03-6204 8999. They can also check via the Investment Checker application or the website he said. Any further information or advice regarding fraudulent activities can also be obtained through the National Scam Response Centre (NSRC) at 997 or via the Facebook page @CyberCrimeAlertRMP.
Barnama
22-05-2025
- Barnama
Sibu Housewife Loses RM447,300 To Phantom Investment That Offered Lucrative Returns
SIBU, May 22 (Bernama) -- An elderly housewife here became the latest victim of a non-existent online investment fraud syndicate, when she was deceived of RM447,300 by the lure of lucrative returns. Sibu police chief ACP Zulkipli Suhaili said the Commercial Crime Investigation Division of the Sibu district police headquarters (IPD) received a report from the victim, in her 60s, yesterday and an investigation paper has been opened under Section 420 of the Penal Code for cheating. "On Jan 11 this year, the victim met a woman who introduced herself as 'Ah Chong' via Facebook before contacting another suspect using the name 'Amy' via WhatsApp. "The suspect offered the victim to participate in a stock investment scheme via a WhatsApp group known as 'Programme VIP012'," he said in a statement today. Zulkipli said that after seeing testimonials from other investors who allegedly made lucrative profits, the victim agreed to participate in the investment named 'J.P. Morgan Family Office'. According to him, the victim only needed to make a payment into the account provided by the suspect with a guarantee that the profits would be deposited into the account uploaded in the name of 'JPFO Max'. The victim was excited after finding the high investment profits when checking via the JPFO Max application and continued to make 33 money transfer transactions between April 16 and May 20 to five local accounts totalling RM447,300. When informed that the total accumulated profit had reached RM800,000, the victim requested a withdrawal but the suspect claimed that the investment was still ongoing and required additional capital before any withdrawal was allowed. After making the payment, the victim finally realised that she had been cheated and came forward to file a report and in this regard, Zulkipli advised the public to be careful with investment offers that promise lucrative returns and to check with the authorities first.
Borneo Post
22-05-2025
- Business
- Borneo Post
Sibu housewife loses RM447,300 to scam online investment scheme
Photo for illustration purposes only. SIBU (May 21): A housewife in her 60s here lost RM447,300 after falling victim to a non-existent online investment scheme that had promised high returns but delivered none. Sibu police chief ACP Zulkipli Suhaili said the woman lodged a police report on Tuesday after realising she had been duped following 33 bank transfers to five local accounts between April 16 and May 20. He related that the victim was first introduced to the scheme on Jan 11 through Facebook by a woman who called herself 'Ah Chong'. 'She was later added to a WhatsApp group named Programme VIP012, where another individual known as 'Amy' persuaded her to invest in a scheme under the name Malaysia JP Morgan Family Office. 'The victim was shown screenshots of high profits supposedly earned by other investors, which convinced her to make multiple payments through bank accounts provided by the suspects,' Zulkipli said in a statement today. He said the victim used an app called JPFO Max, where she could see her supposed investment grow to around RM800,000. However, when she attempted to withdraw the profits, she was told that it was not allowed as the investment was still ongoing and required additional capital. 'No returns were ever received. Realising she had been deceived, the victim finally filed a report,' said Zulkipli. He added police have opened an investigation paper under Section 420 of the Penal Code for cheating. He reminded the public to remain vigilant and avoid being lured by investment schemes promising unrealistically high returns. 'Always verify the legitimacy of any investment platform or company through Bank Negara Malaysia's website at or the Securities Commission at he stressed. He also encouraged the public to use the Investment Checker tool to verify suspicious phone numbers or bank accounts via For further information or assistance, contact the National Scam Response Centre (NSRC) on 997 or follow updates from @CyberCrimeAlertRMP and @JSJKPDRM on Facebook. investment scheme lead Sibu police Zulkipli Suhaili
