Alor setar: A company director lost more than RM300,000 after falling victim to an investment scam promoted through an online advertisement in mid-May. Kedah police contingent headquarters Commercial Crime Investigation Department chief, Supt Loi Yew Lik, stated that the 44-year-old man lodged a police report at 1.04 pm yesterday after realizing he was a victim of an investment scam.

According to BERNAMA News Agency, on May 11, the complainant encountered a Facebook advertisement offering an investment opportunity and subsequently contacted several individuals via WhatsApp. The suspects promised daily returns of 10 percent, and from May 14 to June 17, the victim transferred a total of RM302,100.

Loi detailed that the complainant executed 18 transactions to three different accounts. However, he became suspicious and realized he had been scammed when the suspects requested additional funds for him to withdraw both the promised returns and his capital.

The public is urged to verify with the police before engaging in any suspicious transactions. Loi emphasized that checks can be done via the Semak Mule application, the JSJK PDRM Facebook page, or by contacting the National Scam Response Centre (NSRC) at 997.