Malaysia

Company director loses RM5.29 mil to love scam

64-year-old victim made 120 money transfers into 14 bank accounts given by suspect, say police

Updated 4 years ago · Published on 29 Jul 2022 6:51AM

Company director loses RM5.29 mil to love scam
According to reports, the victim met the suspect on an online dating site, who claimed to be an American paramedic at California Hospital and deceived the victim, promising to marry her. – Pixabay pic, July 29, 2022

KUALA LUMPUR – A female company director in Ipoh, Perak, lost RM5.29 million after being duped by a man, who claimed to be an American, whom she met on an online dating site.

Kuala Lumpur police chief Datuk Azmi Abu Kassim said the 64-year-old victim lodged a police report in the capital yesterday.

“The suspect introduced himself as a paramedic at California Hospital and deceived the victim by stating that he (the man) received a large contract for the supply of medical equipment worth US$22 million (RM98 million) and needed initial capital funds, and promised to marry the victim,” he said in a statement yesterday.

Believing the promise, Azmi said that the victim had made 120 money transfer transactions into 14 bank accounts given by the suspect, in stages between January and June, totalling RM5.29 million.

“The victim had used all her savings and made a loan with a licensed money lender. A preliminary check found that the bank accounts involved (the man’s accounts) also had records for several cases of fraud using similar modus operandi,” he said.

Azmi said the case is being investigated under Section 420 of the Penal Code for cheating. – Bernama, July 29, 2022

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