Farmer loses over RM100,000 after falling to investment scam

Victim says he joined scheme through WeChat, told to purchase ‘points’ for profit

3:42 PM MYT

 

KUANTAN – A vegetable farmer’s wish for a quick profit turned into a disaster when he lost RM108,344 after an investment scheme he joined turned out to be nonexistent. 

Pahang police chief Datuk Seri Yahaya Othman said the 34-year-old victim claimed to have joined the investment through a WeChat application last Wednesday (August 30). 

“The investment only required the victim to purchase ‘points’ to gain profits, which attracted him, and he continued to participate because he was promised substantial returns. 

“The victim eventually made seven payment transactions through online fund transfers to four accounts provided by the suspect,” he said in a statement today. 

The victim realised he was deceived after not receiving any profits despite investing a significant amount, leading him to file a report at the Cameron Highlands Police Headquarters yesterday, Yahya added. 

The public is advised to be cautious and not easily influenced by investment schemes promising easy and substantial profits. They should verify account numbers received through social media links to avoid falling victim to scams. – September 3, 2023

Topics

 

Popular

Sports budget allocation: is popularity winning over performance in 2025 funding?

As RM15 million goes to football and RM20 million to e-sports, critics question whether funding priorities reflect merit or strong networks in Malaysian sports

Ex-national basketball player arrested for alleged sexual harassment against students

Cheras top cop confirms source's claims, says 36-year-old suspect also has multiple simillar reports lodged against him before; source questions why MoE allowed him to teach

Megat Hafiz A.C.A.B tetap saman empat individu yang muat naik hantaran berbaur hasutan, ugutan dan penghinaan

Vokalis dan pemain gitar kumpulan skinhead, A.C.A.B, Megat Hafiz Mohammad atau Magskin memaklumkan salah seorang daripada empat individu yang sebelum ini telah mengeluarkan hantaran jelek berbaur hasutan, penghinaan serta ugutan dengan niat menjatuhkan dirinya telah ditahan polis di Pahang.

Related