Elderly man loses RM136,000 in online business transaction scam

: An elderly man lost RM136,000 after being duped in an online business transaction scam, said Sibu District police chief ACP Zulkipli Suhaili.

“The victim was offered a business opportunity selling branded cosmetics items online exclusively, on the condition that he provides the capital first to enjoy the profits. He said that from Oct 13 till Nov 7, the victim made 32 cash transactions into 11 bank accounts on the instruction of the suspect, purportedly to increase the stock of sales items in the app.

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Sibu retiree fleeced out of RM136,000 in online business scamHe was arrested in April on suspicion of working as a chief runner for a scam syndicate.
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Elderly man charged with cheating businessman of RM500,000 in investment repaymentA 75-year-old married woman was sentenced to five weeks’ jail on Oct 22 after she opened a bank account on behalf of her “online boyfriend” whom she had met on WhatsApp.
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