Malaysia Homestay Johor - A homestay manager lost RM62214.59 for participating in an online Bitcoin investment scam Malaysian homestay manager loses RM60000 due to Bitcoin investment fraud

Johor - A homestay manager lost RM62214.59 for participating in an online Bitcoin investment scam.

According to ACP Azli Mohd Noor, the Chief of Johor Bahru Police, the 30-year-old victim joined a Telegram group called "XRP Community Malaysia" on December 19th, which promotes the use of artificial intelligence (AI) for Bitcoin investment.

The victim is from Chengde, who contacted the suspect via WhatsApp for more information and was instructed to conduct two transactions with a total amount of RM62214.59 through the Trust Wallet application. She was also provided with a QR code to scan for so-called AI investment verification.

After scanning the QR code, the victim discovered that her Bitcoin had been transferred to an unknown account. Attempting to contact the suspect was unsuccessful, prompting her to report the case to the police last Friday, "Azli said in today's statement.

He added, 'The victim used her mother's savings for this investment.' Currently, the case is under investigation under Article 420 of the Criminal Code.

Police warn the public

ACP Azli calls on the public to remain vigilant about unverified investment plans. He suggested verifying the legality of individuals or companies providing investment services through the Malaysian Securities Commission and avoiding sharing personal or banking information with unidentified individuals. He also emphasized the importance of avoiding plans that promise high returns in the short term.

To prevent financial losses, Assistant Police Commissioner Azli suggests using the "Semak Mule" portal to check suspicious bank accounts before conducting transactions. He also encourages the public to stay up-to-date on the latest commercial crime methods by following the official social media channels of the Bureau of Business Crime Investigation on Facebook, Instagram, and TikTok.

For fraud victims, Assistant Police Commissioner Azli emphasized the importance of immediately calling 997 to contact the National Fraud Response Center (NSRC). Timely reporting can help prevent funds from flowing into fraudulent accounts.

summary

This incident once again reminds the public to remain vigilant and conduct thorough due diligence when facing high return commitments. Scammers often exploit people's desire for quick wealth and deceive innocent investors through false investment opportunities. Protecting one's financial security requires careful and wise decision-making. RM60000