Woman duped in currency scam

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MIRI: A woman in her 50s has lost RM90,000 after falling victim to a foreign currency scheme promoted on social media.

According to Miri Police Chief ACP Alexson Naga Chabu, the victim lodged a police report on Friday (Nov 17).

Alexson said that the victim, an accountant by profession, was lured into the scheme with promises of high returns.

The victim executed a series of five bank transfers to an account specified by the fraudsters. It was only after transferring a total of RM90,000 and receiving no profits in return that she realised she had been scammed.

He further informed that the case is currently under investigation under Section 420 of the Penal Code, which deals with cheating.

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