Sibu, Sarawak – In a distressing incident, a Chinese female college student has been swindled out of more than RM320,000 after falling prey to an online investment scam. The 23-year-old victim, whose name has been withheld, believed she could earn a 5% return on her investment, only to discover that her hard-earned money, as well as her parents’ savings, had been taken by fraudsters.
The unfortunate turn of events began on May 18 when the victim received a text message from an international clothing and beauty brand’s shopping platform. The enticing message lured her into participating in an investment opportunity with the promise of a 5% return. Eager to seize what seemed like a lucrative opportunity, she proceeded to engage with the scammers.
According to reports, the fraudsters instructed the victim to click on a participation link provided through an app. She was then required to make a purchase of specified goods within a 20-minute window to qualify for rewards. The scammers assured her that the rewards would be transferred to her bank account within 15 minutes.
Over the course of more than a month, from May 18 to June 30, the unsuspecting victim made a staggering total of 53 transfers to the bank accounts of seven strangers. The cumulative amount transferred amounted to a shocking RM328,454. These transactions encompassed alleged investment funds, shopping platform handling fees, and various other charges such as deposits, rebates, and taxes.
As time passed, the victim grew increasingly concerned when she failed to receive the promised rewards. Attempting to reclaim her investment, she contacted the person in charge of the supposed company, only to be met with a disheartening response. The fraudster claimed that the remittance had not been completed within the specified 20-minute timeframe, thereby violating their rules and resulting in the denial of the promised reward.
Realizing she had fallen victim to a fraudulent scheme, the devastated young woman recently found herself unable to reach the individual she believed to be in charge of the “company.” In an effort to seek justice, she filed a police report at the Sinjuan Police Station in Sibu, Sarawak.
This distressing incident serves as a stark reminder of the dangers lurking in the realm of online investments and the importance of remaining vigilant. Authorities are now working diligently to investigate the case and bring the perpetrators to justice, hoping to prevent further innocent individuals from falling victim to similar scams.
Law enforcement agencies and financial institutions continuously advise the public to exercise caution when engaging in online financial transactions. It is crucial to verify the legitimacy of investment opportunities and refrain from sharing personal or financial information with unknown entities. By practicing enhanced awareness and skepticism, individuals can protect themselves from falling prey to such deceitful schemes.
As the investigation unfolds, the hope remains that the culprits behind this heartless act will be apprehended, and steps will be taken to prevent the recurrence of such incidents. The victim’s traumatic experience should serve as a cautionary tale, urging others to exercise utmost caution when presented with enticing investment offers in the digital landscape.