Latest news with #SemakMule
The Star
7 days ago
- Business
- The Star
Elderly company director loses RM1.4mil to online trading scam
IPOH: A 75-year-old company director here lost about RM1.4mil after falling victim to an online trading scam. Perak police chief Comm Datuk Noor Hisam Nordin said the man had on April 15 received a call from an unknown woman offering him to be a business partner who buys products from foreign companies. "Having supposedly checked the status of the company, which he found to be operating since 1989, he agreed to take part. "He was asked to download a mobile app SHV Shop that sells luxurious branded items," Comm Noor Hisam said in a statement on Tuesday (May 27). "If someone wants to buy a product, the man would need to pay for it up front and he would get 30% in commission," he said, adding that his first transaction of about RM22,122 was made through a cash deposit machine to a bank account of said company. "Having received the return, he trusted the company and conducted online and over-the-counter transactions of about RM1.4mil into six different bank accounts. "After the transactions, he stopped receiving any returns and he realised he has been cheated," he added. Comm Noor Hisam said the man lodged a report on Sunday (May 25), with the case to be investigated under Section 420 of the Penal Code for cheating. "The police would like to remind the people to be careful of investment schemes that promise overly-high returns. "Also check trustworthy sources like SemakMule, Bank Negara and Securities Commission to get more information before investing in any schemes," he added.
New Straits Times
26-05-2025
- New Straits Times
Woman loses RM109,000 to fake investment scheme
DUNGUN: A woman lost RM109,000 after falling victim to a non-existent investment scheme syndicate. Dungun police chief Superintendent Maizura Abdul Kadir said the victim, a clerk, came across a stock investment advertisement on Facebook in March and later contacted a person claiming to be an agent from an investment company via WhatsApp. "She was instructed to open an investment account and made two deposits totalling RM3,000. "However, after nearly two weeks without any returns, she was asked to download another app, MYCDTL, to supposedly receive the promised profits," Maizura said in a statement today. She said the victim then withdrew RM2,835.31 from the first account and transferred it to the MYCDTL account, along with an additional RM2,000 as investment. Between April and May, the victim made several transfers totalling RM109,000 into the MYCDTL account. Realising she had been scammed, she lodged a police report yesterday after failing to receive any returns. Maizura advised the public to verify investment opportunities through official platforms such as Semak Mule (CCID), Bank Negara Malaysia, and the Securities Commission before committing to any financial schemes. The case is being investigated under Section 420 of the Penal Code for cheating. – BERNAMA
The Sun
26-05-2025
- The Sun
Woman loses RM109,000 to fake investment scheme
DUNGUN: A woman lost RM109,000 after falling victim to a non-existent investment scheme syndicate. Dungun police chief Supt Maizura Abdul Kadir said the victim, a clerk, came across a stock investment advertisement on Facebook in March and later contacted a person claiming to be an agent from an investment company via WhatsApp. 'She was instructed to open an investment account called MooMoo and made two deposits totalling RM3,000. 'However, after nearly two weeks without any returns, she was asked to download another app, MYCDTL, to supposedly receive the promised profits,' Maizura said in a statement today. She said the victim then withdrew RM2,835.31 from the MooMoo account and transferred it to the MYCDTL account, along with an additional RM2,000 as investment. Between April and May, the victim made several transfers totalling RM109,000 into the MYCDTL account. Realising she had been scammed, she lodged a police report yesterday after failing to receive any returns. Maizura advised the public to verify investment opportunities through official platforms such as Semak Mule (CCID), Bank Negara Malaysia, and the Securities Commission before committing to any financial schemes. The case is being investigated under Section 420 of the Penal Code for cheating.
The Star
26-05-2025
- The Star
Dungun woman loses RM109,000 to scammers
DUNGUN: A woman has lost RM109,000 after falling victim to an investment scam. Dungun police chief Supt Maizura Abdul Kadir said the victim, a clerk, came across a stock investment advertisement on Facebook in March and later contacted a person claiming to be an agent from an investment company. "She was instructed to open an investment account on online trading platform MooMoo and made two deposits totalling RM3,000. "However, after nearly two weeks without any returns, she was asked to download another app, MYCDTL, to receive the promised profits," Maizura said in a statement on Monday (May 26). She said the victim then withdrew RM2,835.31 from the MooMoo account and transferred it to the MYCDTL account, along with an additional investment of RM2,000. Between April and May, the victim made several transfers totalling RM109,000 into the MYCDTL account. She lodged a police report on Sunday (May 25) after failing to receive any returns and realising she had been scammed. Maizura advised the public to verify investment opportunities through official platforms such as Semak Mule (CCID), Bank Negara and the Securities Commission before committing. The case is being investigated under Section 420 of the Penal Code for cheating. – Bernama
Barnama
26-05-2025
- Barnama
Woman Loses RM109,000 To Fake Investment Scheme
DUNGUN, May 26 (Bernama) -- A woman lost RM109,000 after falling victim to a non-existent investment scheme syndicate. Dungun police chief Supt Maizura Abdul Kadir said the victim, a clerk, came across a stock investment advertisement on Facebook in March and later contacted a person claiming to be an agent from an investment company via WhatsApp. 'She was instructed to open an investment account called MooMoo and made two deposits totalling RM3,000. 'However, after nearly two weeks without any returns, she was asked to download another app, MYCDTL, to supposedly receive the promised profits,' Maizura said in a statement today. She said the victim then withdrew RM2,835.31 from the MooMoo account and transferred it to the MYCDTL account, along with an additional RM2,000 as investment. Between April and May, the victim made several transfers totalling RM109,000 into the MYCDTL account. Realising she had been scammed, she lodged a police report yesterday after failing to receive any returns. Maizura advised the public to verify investment opportunities through official platforms such as Semak Mule (CCID), Bank Negara Malaysia, and the Securities Commission before committing to any financial schemes. The case is being investigated under Section 420 of the Penal Code for cheating. -- BERNAMA
