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Love Scam victim loses RM1.98 million

woman in a green blouse holding a laptop

Love Scam victim loses RM1.98 million

Dear guys, please stay away from lovers who said they love you but they need your money. Think logically, do they love you or do they love your money in this case? If it has been a long term relationship, it’s quite safe but if someone you just got to know suddenly asked for money to redeem some gifts for you, please tell them to buy something new. Else ask them send you the Shopee link instead and you pay for them. In this case, you are happy to spend money to make them happy and at the same time, they will get the gift, so they should also be happy right?

Article in nst.com.my A 64-year-old bank retiree has become the latest victim of a ‘love scam’ reported in Selangor, with a total loss of RM1.98 million.

State police chief Datuk Hussein Omar Khan said the incident occurred after the retiree was persuaded to make 12 transactions to 12 unknown accounts to redeem a parcel between May until recently.

He said the victim lodged a police report around 4.10pm yesterday.

The police have since opened an investigation paper under Section 420 of the Penal Code, which carries a maximum penalty of 10 years’ jail and whipping.

The public can check bank accounts and phone numbers used for commercial crime cases at semakmule.rmp.gov.my. Article in nst.com.my

Scams will become ever so real these days

Here are just some of the recent reports: Please do learn and please do be alert of them.

Scam news: Scammers prey on our fear! (tell someone, please.)

20 percent profit is definitely unreal and fake! (do not be greedy)

Digital currency scam via Facebook. (many cheating cases via social media these days )

Know what is known as Macau scam and how to prevent it. (one of the oldest tricks there is)

Last word of the day, please do not pray for scammers to miss you or for scams to become easier to identify. We need to be better in identifying them or else we may be losing a lot of money. Happy knowing and preventing.

Thank you for reading! Please do share if you believe others could benefit too. Thank you.

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Charles Tan The Founder The Writer Kopiandproperty
Charles Tan

Charles is Founder of kopiandproperty.com He writes from his investment experience for the the past 20 years in investments including property, stock, unit trust and more as well as readings and conversations with many property gurus in the industry. kopiandproperty.com is an independent property blog which is not affiliated to any media company, property developer or even real estate agencies.

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