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Retiree in Miri loses RM500k to online investment scam
Retiree in Miri loses RM500k to online investment scam

The Sun

time5 days ago

  • Business
  • The Sun

Retiree in Miri loses RM500k to online investment scam

MIRI: A private sector retiree in his 60s lost close to RM500,000 after falling victim to a fraudulent online investment scheme. The case was reported to the police after the victim realised he had been deceived. According to Sarawak Police Commissioner Datuk Mancha Ata, the retiree encountered an advertisement on Facebook in mid-May, promoting an investment opportunity under the name 'Aleesya Stock Trading.' The suspect, posing as an investment supervisor, convinced the victim to join a WhatsApp group under the same name. Lured by promises of high returns, the victim proceeded to transfer funds multiple times to accounts provided by the suspect. The total amount lost was approximately RM500,000. The victim only received about RM65,000 in supposed returns before realising the scam. Police have issued a warning to the public, urging caution when engaging with investment offers on social media. Authorities advise verifying the legitimacy of such schemes before committing any funds. - Bernama

Miri retiree falls for fake online investment scam, loses RM500,000
Miri retiree falls for fake online investment scam, loses RM500,000

Borneo Post

time5 days ago

  • Business
  • Borneo Post

Miri retiree falls for fake online investment scam, loses RM500,000

Mancha says the victim in mid-May came across an advertisement on Facebook promoting an investment opportunity. — Bernama photo MIRI (July 9): A retiree in his 60s here has reported losses amounting to nearly half a million ringgit after falling for a non-existent investment scheme. Sarawak Police Commissioner Datuk Mancha Ata said the victim in mid-May came across an advertisement on Facebook promoting an investment opportunity. 'After clicking on the link, the victim was contacted by a woman who added him to a WhatsApp group called 'Aleesya Stock Trading'. 'The victim was convinced to invest nearly RM500,000, and he transferred the funds in stages to bank accounts provided by the suspect,' he said in a statement today. Mancha said the victim had received a return of RM65,000 but was asked to pay additional payments to secure the release of the rest of his profits. 'He realised at this point that he had been cheated and filed a police report,' he added. He reminded the public not to easily trust investment offers advertised on social media platforms, especially those that promise high returns. investment miri retiree scam

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