80yo Kuching Man Loses RM103,850 in Online Investment Scam
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An 80-year-old Kuching man lost RM103,850 after falling for an online investment scam promising big profits.
The victim was contacted on WhatsApp by a woman claiming to run a business in Pattaya, Thailand. She offered him a partnership in a "Wholesale International Business Online" scheme through a website she managed.
From September 2025 to February 2026, the man made eight bank transfers totalling RM103,850 to six different accounts. He was promised that both capital and returns would be deposited back into his account.
Reality hit when he could no longer reach the suspect to ask for his money back.
"The victim was directed to carry out a series of payment transactions as part of an alleged investment scheme, with assurances that the capital and returns would be deposited into the victim's account," said Kuching district police chief ACP Alexson Naga Chabu.
The case is being investigated under Section 420 of the Penal Code for cheating.
Location: Kuching, Sarawak
Details: RM103,850 lost to online investment scam, 8 transactions to 6 bank accounts, victim aged 80
Source: DayakDaily
Reminder: If an investment sounds too good to be true, it probably is. Always verify before transferring money.What do you think?
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