Beware & Protect Yourself 09 (May 25 - Dec 27)

[winston]

Insurance agent and retiree lose RM2.35mil to online scams

According to the insurance agent, he saw a stock investment advertisement promising high returns on Facebook in December.

“The victim then contacted a female suspect via WhatsApp.

“The investment offered various packages with promises of lucrative returns.

“The victim downloaded the stock investment application and on Dec 30, made the first transfer of RM9,999. He earned a profit of RM18,400,” Comm Hamzah said in a statement yesterday, Bernama reported.

He said the victim’s confidence grew in the investment and he subsequently made 35 fund transfers between Feb 17 and April 24 into seven bank accounts belonging to different companies totalling RM1,495,176.

The man only realised he had been a victim of fraud after failing to withdraw profits from the investment app and was even asked to make an additional payment.

A 73-year-old retired accountant at a factory filed a police report at the George Town district police headquarters on Saturday after falling victim to an online investment scam involving a loss of RM855,001.

“According to the victim, he saw an advertisement on cryptocurrency investment that offered high profits in a short period of time on Facebook in March.

“The elderly person clicked on the advertisement link before contacting a female suspect via WhatsApp,” he said.

Comm Hamzah said the victim downloaded the investment application before making 14 transactions to five bank accounts belonging to different companies from April 15 to June 11, but did not receive any profits.

Source: The Star

https://www.thestar.com.my/news/nation/ ... line-scams

[winston]

Finance officer loses RM4.17mil in online investment scam

By Imran Hilmy

The victim saw an advertisement for an investment under the name of KKR Investment on Facebook.

The victim clicked on the link in the advertisement and communicated with a woman via WhatsApp. The victim was then added to a WhatsApp group named 'Kumpulan Analysis Kewangan Saham Malaysia'.

the victim was interested in joining and was instructed to download an application called KKR INV through a provided link, register as a member, and make an investment.

Between March 10 and June 13, the victim made 76 transactions into eight different company bank accounts, amounting to RM4.17mil.

"The victim realised she had been duped when she could not withdraw from the application, which showed the profit she had earned".

Source: The Star

https://www.thestar.com.my/news/nation/ ... tment-scam

[winston]

Engineer loses RM275,000 to online Moomoo scam

The victim responded to an investment offer involving Chinese currency on April 20 by clicking a WhatsApp link.

He later communicated with several individuals using the numbers 019-200 7253 and 019-234 5678.

“The scammers promised a 10% return within days, prompting the victim to transfer RM275,000 in eight transactions between May 27 and June 13 to two company accounts under the names Cisi Infra Solution and Cisi CPT Infra Trading,” he said yesterday, Bernama reported.

Supt Loi advised the public to verify any investment offers with the police or to use tools such as the Mule Check app, the CCID Facebook page, or to contact the National Scam Response Centre at 997.

Source: The Star

https://www.thestar.com.my/news/nation/ ... oomoo-scam

[winston]

Retired bank manager loses RM680,000 in phone scam

GEORGE TOWN: An elderly retired bank manager lost RM680,781 after falling victim to a phone scam syndicate posing as cybersecurity officers and police.

Penang deputy police chief Datuk Mohd Alwi Zainal Abidin said the 80-year-old lodged a report at the Timur Laut Commercial Crime Investigation Division after realising he had been scammed.

On June 12, the victim received a call from someone claiming to be from "Cyber Security Putrajaya," who said his phone number had been blacklisted for allegedly spreading false information.

The call was then transferred to a supposed police officer from the Alor Setar Police Station, who claimed the victim’s bank account was involved in money laundering.

"To clear his name and avoid arrest, the victim was instructed to open two new bank accounts. Between June 19 and 23, he transferred a total of RM680,781 into those accounts.

"The scammer also told him to place his ATM and credit cards, along with bank documents, into an envelope and leave it on a Tenaga Nasional Berhad (TNB) electrical box near a bank in Tanjung Bunga," he said in a statement on Monday (July 7).

On June 26, after checking his accounts, the victim discovered that all the money had been transferred to unknown third-party accounts. The case is being investigated under Section 420 of the Penal Code for fraud.

Source: Bernama

https://www.thestar.com.my/news/nation/ ... phone-scam

[behappyalways]

These Are The World's Most Common Passwords
https://www.zerohedge.com/technology/th ... -passwords

[winston]

Senior citizen loses RM1.7mil to investment scam promising high returns

The 67-year-old man first came across the investment advertisement on social media in December last year (2024).

Drawn by the advertisement, the retiree contacted an individual through WhatsApp to obtain more information.

"The victim was promised a 50% return from the investment within three months. Believing the offer, the victim made several investments between April and July this year.

"In addition to transferring RM1.7mil to several accounts as instructed by the suspect, the victim also downloaded an application and registered an account to monitor the investment," he said in a statement on Tuesday (July 8).

According to the victim, the investment account had shown a profit of RM2mil. However, when he attempted to withdraw the money, the victim was told to make additional payments, which he refused to do.

Source: The Star

https://www.thestar.com.my/news/nation/ ... gh-returns

[winston]

Cargo company manager loses RM693,000 to fake investment scheme promising 100% return

According to the victim, in early March, he saw an investment advertisement via Facebook and clicked on a link before a female suspect began providing him with information regarding an "Industrial Securities International" investment via WhatsApp.

The victim was promised a profit of 100% from the capital invested within 48 hours, and from June 4 to July 3, the man paid 12 transactions to five different bank accounts.

He said the man finally realised it was a fraud syndicate when he did not receive the promised profit, as the suspect even asked him for more payments before he could make a withdrawal.

Source: The Star

https://www.thestar.com.my/news/nation/ ... 100-return

[behappyalways]

[ENG SUB] 新加坡母亲：不是毒品不是烟 丧尸烟弹毁掉我儿子 From Vape to Brink: A Singaporean mother’s heartbreaking story
https://m.youtube.com/watch?v=Efp3owwpvnE&t=321s

[winston]

Disabled baker scammed of over RM500k in fake Tiktok job offer

The incident began in early December last year when the 45-year-old man was first contacted via WhatsApp in early December last year by a woman who claimed to offer a lucrative job selling children’s toys through the platform.

He was promised profits of 10 to 15 per cent and was asked to make payments to cover the cost of goods allegedly ordered by customers," he said in a statement on Saturday (July 19) night.

The victim proceeded to make 41 cash deposit transactions amounting to RM523,350 into five different bank accounts between Dec 18, 2024, and July 14 this year.

Despite repeated payments, the promised returns never materialised, and the suspect continued requesting additional funds under the guise of job-related expenses.

Source: The Star

https://www.thestar.com.my/news/nation/ ... -job-offer

[winston]

RM1.7mil profit promise ends in loss

By IVAN LOH

IPOH: Believing that his “investments” in shares had earned him RM1.7mil, a factory owner ended up RM210,000 poorer instead.

Just wanting to be known as Chan, the 47-year-old said he came across a social media advertisement about investing in shares and clicked on the post.

He said the link led him to a WhatsApp chat channel where he started communicating with a woman who claimed to be named Linda.

“She offered me several company share schemes and I started one with RM10,000,” Chan said at a press conference held by Perak MCA public services and complaints bureau chief Charles Yuen here yesterday.

Chan said he did an online search of the firms and found that they were listed as private limited companies.

“As I was required to pay more to access the company profile, I decided to just invest in it,” he added.

Chan made about RM50,000 at the initial stage and decided to invest more.

“The app provided simple explanations on how to invest, which made it even more convincing,” he said.

In May, Chan was notified that his investments had returned a profit of RM1.7mil and that he could withdraw the money.

“To do so, I was required to pay commissions and some taxes. After paying about RM29,000, I was still unable to withdraw the money,” he said, adding that he lodged a police report on July 13.

Source: The Star

https://www.thestar.com.my/news/nation/ ... ds-in-loss