Sibu man loses more than RM300,000 to online investment scam

  • 📰 staronline
  • ⏱ Reading Time:
  • 28 sec. here
  • 17 min. at publisher
  • 📊 Quality Score:
  • News: 66%
  • Publisher: 75%

Sabah & Sarawak News

Sibu,Online Cryptocurrency Fraud,Crypto Investment Scam

With their Islamic headscarves and high-octane metal music, the women of the Indonesian band Voice of Baceprot have played stages from the United States to France. But they are nervous about this week.

SIBU: A supervisor from a private company believed he had reaped a profit of USD4mil from online cryptocurrency investment, only to realise he had been cheated of RM331,050.

"He contacted a number on the Facebook advertisement, and an individual claiming to be a tutor named Gabriel Lee said he would add him to the '188-Financial Century' WhatsApp group," ACP Zulkipli said on Sunday ."The victim was guided to make staged payments for cryptocurrency investments to achieve these profits," ACP Zulkipli said.

ACP Zulkipli then said that after completing the transactions, the victim found on the 'Kakaue' app that his profits had supposedly reached USD3,610,730.

Source: News Formal (newsformal.com)

Sibu Online Cryptocurrency Fraud Crypto Investment Scam Financial Cheating Case Sibu OCPD Zulkipli Suhaili Penal Code Section 420 Kakaue Application Online Scam Victim High-Profit Promises Crypto Payment Stages Bank Transfer Fraud Police Investigation Digital Currency Scam Investment Fraud Financial Deception. #Jangankenascam

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

QuickCheck: Was a woman cheated out of more than RM300,000 in an online jade scam?(Reuters) - AS Roma forward Paulo Dybala said it was a big blow to be left out of Argentina's Copa America squad and that he had been confident of selection for the tournament in the United States.
Source: staronline - 🏆 4. / 75 Read more »

Pengurus kedai kek didakwa tipu pembelian jam tangan bernilai lebih RM300,000KUALA LUMPUR: Seorang pengurus sebuah kedai kek mengaku tidak bersalah di Mahkamah Sesyen di sini hari ini atas pertuduhan menipu seorang ahli perniag...
Source: theSundaily - 🏆 25. / 51 Read more »

Keluarga tahanan mati dalam lokap dapat pampasan lebih RM300,000KUALA LUMPUR: Mahkamah Tinggi di sini hari ini memberikan pampasan lebih RM300,000 kepada keluarga S.Balamurugan yang meninggal dunia ketika dalam tah...
Source: theSundaily - 🏆 25. / 51 Read more »

Gagal beri penjelasan wang RM114,000 dalam akaun, kontraktor ubah suai rumah didenda RM1,000KUALA LUMPUR: Mahkamah Sesyen di sini hari ini menjatuhi hukuman denda RM1,000 atau penjara tiga bulan ke atas seorang kontraktor ubah suai rumah kera...
Source: theSundaily - 🏆 25. / 51 Read more »

House renovation contractor fined RM1,000 for failing to explain RM114,000 in accountKUALA LUMPUR: A house renovation contractor was fined RM1,000 in default three months jail by the Sessions Court here today for failing to provide an explanation regarding money amounting to RM114,000 in his bank account, two months ago.
Source: DailyExpress_MY - 🏆 3. / 83 Read more »

House renovation contractor fined RM1,000 for failing to explain RM114,000 in accountKUALA LUMPUR: A house renovation contractor was fined RM1,000 in default three months jail by the Sessions Court here today for failing to provide an ...
Source: theSundaily - 🏆 25. / 51 Read more »