A 40-year-old woman in Kuching lost RM339,486 after being lured into a non-existent stock investment scheme advertised on Facebook
A 40-year-old woman has lost RM339,486 after being allegedly defrauded by a non-existent stock investment scheme called ‘Navis Wealth’.
Kuching police chief ACP Alexson Naga Chabu said the victim was enticed by an investment opportunity advertised on Facebook in December last year.
She received a link to download an investment application via the website naviscapital.co before being added to a WhatsApp investment group.
The victim then made a series of payments into three different company bank accounts, involving 22 online money transfers.
Alexson explained that the victim realised she had been scammed when she was unable to withdraw the investment profits.
The case is now being investigated under Section 420 of the Penal Code.