Latest news with #RM535
The Star
21-06-2025
- The Star
Retiree loses over RM500,000 in fake investment scam
JOHOR BARU: A 57-year-old retiree has lost more than RM500,000 after falling victim to a fake investment scheme advertised on social media. Seri Alam OCPD Asst Comm Mohd Sohaimi Ishak said the man, who previously worked in the private sector, came across an online advertisement on Facebook in March and decided to click on it. 'The victim was enticed by the promise of high returns in a short period. Believing he was investing in the scheme, he deposited a total of RM535,766 into five different bank accounts from March 13 to June 5,' he said in a statement on Saturday (June 21). ACP Mohd Sohaimi said the retiree conducted a total of 26 bank transactions. 'He realised something was wrong when he was asked to transfer more funds to cash out his profits,' he said, adding that the victim lodged a police report on Tuesday (June 17). 'The public are reminded to check unknown bank account numbers using the police's SemakMule portal because early investigations revealed that the five bank accounts involved in this case were linked to 22 other investment scam cases,' he said. The case is being investigated under Section 420 of the Penal Code for cheating, and action will also be taken against those who allow others to use their bank accounts as mule accounts.
The Sun
21-06-2025
- Business
- The Sun
Retiree loses over RM530,000 to Facebook investment scam
JOHOR BAHRU: A private sector retiree lost RM535,766 after allegedly falling victim to an online investment scam promoted via an advertisement on the Facebook application. Seri Alam District Police chief ACP Mohd Sohaimi Ishak said the police received a report from a 57-year-old local man on Tuesday, who claimed losses exceeding RM500,000. He said the victim had come across a share investment advertisement on Facebook on March 13 that promised lucrative returns within a short time, and clicked on the provided link out of interest. 'Subsequently, the victim made 26 payment transactions into five different bank accounts between March 13 and June 5, totalling RM535,766. The victim was also asked to make additional payments to withdraw the so-called 'investment profits', but those requests were never fulfilled,' he said in a statement today. Mohd Sohaimi said the victim only realised he had been duped after repeated attempts to recover the investment funds proved futile. 'Preliminary checks via the CCID's 'Semak Mule' platform found that all five accounts involved had a total of 22 police reports linked to investment scams,' he said. The case is being investigated under Section 420 of the Penal Code for cheating, and police are also looking into the possible involvement of mule account holders.
New Straits Times
20-06-2025
- New Straits Times
Retiree's RM535k gone in Facebook 'investment' scam
JOHOR BARU: – A private sector retiree lost RM535,766 after allegedly falling victim to an online investment scam promoted via a Facebook advertisement. Seri Alam police chief ACP Mohd Sohaimi Ishak said police received a report from a 57-year-old local man on Tuesday, who claimed losses exceeding RM500,000. He said the victim had come across a share investment advertisement on Facebook on March 13 that promised lucrative returns within a short time, and clicked on the provided link out of interest. "Subsequently, the victim made 26 payment transactions into five different bank accounts between March 13 and June 5, totalling RM535,766. The victim was also asked to make additional payments to withdraw the so-called 'investment profits', but those requests were never fulfilled," he said in a statement yesterday. Mohd Sohaimi said the victim only realised he had been duped after repeated attempts to recover the investment funds proved futile. "Preliminary checks via the CCID's 'Semak Mule' platform found that all five accounts involved had a total of 22 police reports linked to investment scams," he said. The case is being investigated under Section 420 of the Penal Code for cheating, and police are also looking into the possible involvement of mule account holders.
Barnama
20-06-2025
- Barnama
Retiree Loses Over RM530,000 To Facebook Investment Scam
JOHOR BAHRU, June 20 (Bernama) – A private sector retiree lost RM535,766 after allegedly falling victim to an online investment scam promoted via an advertisement on the Facebook application. Seri Alam District Police chief ACP Mohd Sohaimi Ishak said the police received a report from a 57-year-old local man on Tuesday, who claimed losses exceeding RM500,000. He said the victim had come across a share investment advertisement on Facebook on March 13 that promised lucrative returns within a short time, and clicked on the provided link out of interest.
