Supervisor loses RM143,599 in social media investment scam
IPOH: A company supervisor lost RM143,599.90 after falling victim to a bogus stock investment scam promoted through a social media advertisement in Hilir Perak on Nov 4.
A 35-year-old company supervisor in Hilir Perak lost RM143,599.90 after falling prey to a bogus stock investment scam, according to Perak police chief Datuk Mohd Alwi Zainal Abidin. The victim was initially enticed by a stock investment advertisement and then contacted by someone pretending to be an investment agent. The scammer instructed the victim to transfer money to various bank accounts and download an application showing high profits.
However, the victim soon realized they had been defrauded when they could not withdraw the displayed capital and profits. The victim subsequently reported the incident to the police. Separately, Muallim district police arrested a 28-year-old man at a residence in Teluk Intan during an Op Taring Alpha 2 raid. The suspect was seized along with 1,706 bottles of suspected untaxed liquor worth RM70,000.
The case is under investigation for not bearing valid customs duty stamps, and all items will be handed over to the Customs Department for analysis.
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