A female civil servant in Terengganu lost RM99,276 after falling victim to two fraudulent online investment schemes.
KUALA TERENGGANU: A female civil servant in Terengganu lost RM99,276 after falling victim to two fraudulent online investment schemes.
Kuala Terengganu district police chief ACP Azli Mohd Noor said the 38-year-old victim responded to a ‘’Webull investment scheme’’ advertisement on the Telegram application on May 1, which promised lucrative returns within just six hours.
“She chose a starter package worth RM1,000 and was asked to make several additional payments on the pretext of enabling the withdrawal of investment profits.
“The deceived victim made 12 payments totalling RM48,965 into four different accounts between May 1 and 7,” he said in a statement today.
Azli said that on May 11, the victim invested in another scheme known as Sunway Trade through the same application, making bank transfers totalling RM50,311 over three days after being promised substantial returns within 30 minutes.
“The victim suspected she had been cheated after being asked to make an additional payment of RM38,527 purportedly for extra costs.
“She lodged a police report at 2.40 pm yesterday. The case is being investigated under Section 420 of the Penal Code,” he said.
