Man Advised by ‘Bank Negara’ to Transfer Life Savings, Ends Up Losing RM250,000

There’s nothing worse than losing your hard-earned money to scammers, and this poor man lost his in one go!

According to Subang Jaya Police Chief, ACP Mohammad Azlin, the victim is a 52-year-old Malaysian man who works as an accountant at a private university, as reported by Oriental Daily.

On 6th October, he received a call at 1.27pm from the scammer, alerting him about a transaction that took place in Kuala Lumpur International Airport 2 (KLIA2).

Source: the rakyat post

“The victim doesn’t own any credit card and he had never applied for one either, which led him to believe that his identity had been stolen,” the police chief said. 

Subsequently, he was given a number and was told to contact Bank Negara to lodge a report. The man wasn’t thinking straight at that moment and he called the number, which was picked up by another scammer.

From there, he was advised to transfer all his money into four accounts, which were said to be ‘protected’ by Bank Negara. He was duped into thinking that his hard-earned money would be safe in those four accounts.

Source: bank negara malaysia

So, he transferred all RM250,000 as instructed through seven transactions.

Later on, he smelt something fishy but it was already too late. All the money was gone and that’s when he realised that he had been cheated. The man then quickly lodged a police report regarding the scam.

In his statement, the victim said he had read of similar scams in the newspapers before, but when the incident happened to him, somehow he panicked and walked right into the trap. As such, the police urged the public to be extremely vigilant when receiving any phone calls that require you to transfer money. Don’t be fooled by the scammers guys! 

Source: compare remit

The police has since launched an investigation to track down the scammers. We sincerely hope the money can be recovered as the huge sum lost is the poor victim’s life savings.

Also read: Multiple Cars Lose Control and Crash on Karak Highway Due to Tow Truck Scam