SEREMBAN: A frozen food trader lost more than RM600,000 after falling victim to an online business investment scheme last month.
Nilai police chief Abdul Malik Hasim said they received a report from the victim, a man in his early 50s, at 1.17pm today.
“The man said he had dealings with an individual who offered him an investment opportunity on April 21. He was instructed to register an eBay account to begin investing in a business and sell goods via his own online store.
“The victim then transferred funds into 19 different bank accounts, making a total of 43 transactions amounting to RM677,890,” Malik said in a statement tonight.
Malik said the victim only realised he had been scammed after he was unable to withdraw both his profit and initial capital.