Housewife loses RM144,000 in investment promising huge profits

 

Pahang police chief Yahaya Othman warned the people to beware of investment schemes that promised lucrative profits in a short time.

KUANTAN: 

A housewife lost RM144,750 after being deceived into investing in a bogus investment scheme.

Pahang police chief Yahaya Othman said the 44-year-old housewife, from Jerantut, was attracted to invest in the alleged ASNB Investment Trust as it offered lucrative returns.

He said the woman made an initial investment of RM1,000 on July 21 and was told she had earned RM30,000.

But to redeem the dividend, she was asked to make payments for the processing fee.

“During the period from July 21 to Aug 3, the victim deposited money amounting to RM144,750 in 21 transactions into 13 bank accounts given by the suspect.

She realised she had been cheated after failing to withdraw the profit from her investments,

 he said in a statement today.

Yahaya advised the public to always be cautious and not to be easily influenced by investments that promise lucrative profits in a short time. - FMT