Fake boss orders RM486,000 transfer in company scam

LocalBusiness & Finance
31 Oct 2026 • 4:36 PM MYT
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Fake boss orders RM486,000 transfer in company scam

A COMPANY lost RM486,000 after a scammer posing as an employer tricked a female employee into transferring company funds into a third-party bank account.

Johor Bahru North acting police chief Superintendent Azrol Anuar Nor said the 35-year-old employee lodged a police report yesterday after discovering she had fallen victim to the scam.

He said the woman received a text message at about 10am from a number used by a suspect impersonating her employer.

The suspect instructed her to transfer RM486,000 to an account for what was purportedly payment for a new contract.

“The victim realised she had been cheated when she was asked to make another transfer of the same amount for a different reason.

“She then contacted her employer through a WhatsApp call but received no response before discovering that her employer's phone number had been hacked,” he said in a statement today.

The case is being investigated under Section 420 of the Penal Code. - October 31, 2026

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