Another day in Malaysia and another poor soul loses his life savings, they say criminals dont take off or holidays, this is proven once again true despite Covid-19, during the pandemic reports state that criminal cases online has gone up.

Scammers have absconded RM740,000 from a 65 year old retiree who had place his life savings in Amanah Saham Bumiputera. They way they conducted the whole process is something you would find in a criminal tv series plot. as if they had scripted the storyline and had it produced by a Hollywood grade producer, the police department claimed this to be a 4 months job in the making.

A man pretending to be a police officer calls up the unsuspecting victim and informs the retiree that his name has been included in a money laundering case. He is asked to share his financial statement with the police to avoid any further action to confiscate or freeze the accounts. In order to keep the victim quite, the bogus police officer asks the victim to keep the phone call confidential or he will violating the Official Secrets Act as this being a police matter.

Upon than, the retiree was instructed to transfer the money from ASB to an undisclosed bank account seven times within a months period. The old man suspecting something amiss after no follow up calls came forth from the police officer, he also needed the money for personal use at that time.

The police are still investigating the case and has the public to be cautious on phone calls from strangers, criminals are resorting to all type of tactics to scam and gullible Malaysians seem to fall for these scams.