2 days ago
Miri man loses over RM1.54 mln in latest online investment scam
Photo for illustration purposes only. — Photo from Pixabay
MIRI (June 30): A local man in his 40s lost over RM1.54 million after falling victim to an online investment scam.
Miri police chief ACP Mohd Farhan Lee Abdullah said the Miri Commercial Crime Investigation Division (BSJKD) received a police report on the matter yesterday.
'The victim came across a stock investment advertisement on Google. He then clicked on a link and dealt with an individual who introduced herself as 'Susan' at 013-9236855 via WhatsApp,' he said in a press statement today.
He added that the victim sunsequently made 22 separate transactions to eight different bank accounts as instructed by the suspect, amounting to over RM1.54 million.
Mohd Farhan said the victim only realised he had been duped when the suspect gave various excuses as he tried to claim the returns from the investment.
He said the case is being investigated under Section 420 of the Penal Code for cheating.
This marks the second major online investment scam reported in Miri within a week. It follows an earlier case involving a female civil servant in her late 30s who lost over RM1.1 million to a non-existent investment platform.
Mohd Farhan advised the public to remain vigilant and not to easily trust investment advertisements that promise high returns within a short period.
He urged individuals to verify the legitimacy of any investment opportunities through official channels such as Bank Negara Malaysia's Financial Consumer Alert List ( and the Securities Commission Malaysia's investor alert list (
'If you have just made a fund transfer to a mule account or scam syndicate, contact the National Scam Response Centre (NSRC) immediately by dialling 997,' he added.
As an additional safeguard, the public is reminded that they can check suspicious phone numbers and bank accounts using the Royal Malaysia Police's 'Check Scammers CCID' portal via before conducting any financial transactions.
To stay updated on the latest scam tactics, the public is encouraged to follow JSJK PDRM and Cyber Crime Alert RMP on Facebook, Instagram, and TikTok. lead Mohd Farhan Lee Abdullah online investment scam
