Sibu man loses more than RM300,000 to online investment scam

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Sabah & Sarawak News

Sibu,Online Cryptocurrency Fraud,Crypto Investment Scam

With their Islamic headscarves and high-octane metal music, the women of the Indonesian band Voice of Baceprot have played stages from the United States to France. But they are nervous about this week.

SIBU: A supervisor from a private company believed he had reaped a profit of USD4mil from online cryptocurrency investment, only to realise he had been cheated of RM331,050.

"He contacted a number on the Facebook advertisement, and an individual claiming to be a tutor named Gabriel Lee said he would add him to the '188-Financial Century' WhatsApp group," ACP Zulkipli said on Sunday ."The victim was guided to make staged payments for cryptocurrency investments to achieve these profits," ACP Zulkipli said.

ACP Zulkipli then said that after completing the transactions, the victim found on the 'Kakaue' app that his profits had supposedly reached USD3,610,730.

 

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