A 24-year-old Malaysian man will be charged in court on Wednesday (Feb 25) for his alleged involvement in a case of investment scam involving losses of over $8,000.
Police said in a news release on Tuesday that they received a report of an investment scam from the victim’s family on Monday .
The victim was allegedly added to an “investment” chatgroup on WhatsApp unsolicited, where investment opportunities were introduced to him.
He was then asked to download an application from Apple’s app store and to create an account. When the victim faced technical difficulties, he sought help from one of the contacts in the “investment” chatgroup.
The victim was then instructed to contact a designated helpline for assistance and later asked to handover cash to an unknown person who falsely identified himself as an authorised company representative for his investment.
The unknown person, a male subject, was arrested by officers from Woodlands Police Division on the same day the report was made, after he attempted to collect additional money from the victim.
