Seri Alam OCPD Supt Mohd Sohaimi Ishak reported that the 64-year-old victim, employed in the private sector, was lured by a suspect who promised an attractive 15% return on his investment.
From Aug 27 to Oct 14, the victim made a total of 10 online transactions to six different bank accounts, amounting to RM149,291. However, he became suspicious when the promised returns never materialised. The case is being investigated under Section 420 of the Penal Code for cheating, which carries a punishment of one to ten years in prison, caning, and fines.
“Always be cautious of investments that promise easy, high, and quick returns,” he cautioned. “Individuals intending to make online transfers should utilise the Semakmule portal to verify and check for mule bank accounts, phone numbers, and shell companies linked to scammers.”