Sibu: An elderly housewife in Sibu has fallen victim to an online investment fraud, losing a total of RM447,300 after being enticed by promises of substantial returns. Sibu police chief ACP Zulkipli Suhaili revealed that a report was filed by the victim, who is in her 60s, prompting the opening of an investigation under Section 420 of the Penal Code for cheating.
According to BERNAMA News Agency, the incident began on January 11 when the victim was approached by a woman named ‘Ah Chong’ on Facebook. Subsequently, another suspect using the alias ‘Amy’ contacted her via WhatsApp. The victim was invited to join a stock investment scheme through a WhatsApp group called ‘Programme VIP012’.
Zulkipli Suhaili stated that the victim, after reviewing testimonials from other supposed investors claiming high returns, decided to invest in the scheme known as ‘J.P. Morgan Family Office’. The victim was instructed to make payments into an account provided by the suspect, with assurances that profits would be credited to an account named ‘JPFO Max’.
The victim observed significant profits through the JPFO Max application and proceeded to transfer money 33 times between April 16 and May 20, totaling RM447,300 to five local accounts. When she sought to withdraw her supposed RM800,000 profit, the suspect insisted that the investment was still ongoing and demanded more capital before allowing any withdrawals.
Realizing she had been duped, the victim filed a report. Zulkipli advised the public to exercise caution with investment offers promising high returns and to verify them with relevant authorities.
The public is encouraged to consult the Bank Negara Malaysia website for a list of unapproved companies or websites or contact BNMTELELINK at 1-300-88-5465. The Securities Commission of Malaysia can be reached at www.sc.com.my or 03-6204 8999. The Investment Checker application or website https://www.sc.com.my/investment-checker can also be used for verification.
For more information or advice on fraudulent activities, individuals can contact the National Scam Response Centre at 997 or visit the Facebook page @CyberCrimeAlertRMP.