Single mother scammed of RM1.2mil after pawning jewellery, withdrawing savings, EPF

Kota Bharu: A single mother who works as an investment manager suffered a major financial loss of RM1.2 million after falling prey to a scam in July, according to Kelantan police chief Datuk Mohd Yusoff Mamat. The woman received a phone call from an individual who claimed she was implicated in money laundering and criminal breach of trust.

Fearing the consequences, she was instructed to pay a large sum of money to resolve the alleged issues. Overwhelmed by fear, she withdrew all her savings and money from the Employees Provident Fund, as well as sold her jewelry, resulting in a total loss of RM1.2 million. The victim did not notify anyone about the incident and only reported it two weeks ago, two months after the scam occurred.

Yusoff stated that police have identified several suspects believed to be involved in the case, and the state police have sought assistance from federal police in Bukit Aman to locate the suspects. This could be the highest individual loss recorded this year. The police urge the public not to be easily deceived by unsolicited calls and to instead contact their nearest police station for assistance.