Student loses RM42,000 to video currency scam

KUANTAN: A student from a public university claimed to have lost RM42,500 while trying to buy video game currency advertised on Instagram.

The head of Pahang’s commercial crime investigation department, Superintendent Mohd Wazir Mohd Yusof, said the 22-year-old victim claimed to have contacted the owner of the Instagram account on Friday after discovering that the currency was being sold at a lower price than online shopping platforms.

“The victim claimed that the offer was only RM600 for 38,400 currency, prompting him to transfer the money to the account given by the suspect.

“The suspect then allegedly contacted the victim to request more money for various reasons, including exchanging the currency before it could be credited to the victim’s video game account,” Bernama said in a statement. communicated.

Mohd Wazir said the victim claimed that he initially used his own savings amounting to RM1,705 to purchase the currency, but was always asked to continue making payments to gain access to the currency, which forced him to use his mother’s savings.

The victim’s mother, who is a government pensioner, allegedly already gave her her online banking password to manage her personal payment transactions.

“The victim only realized he had been cheated after making 10 online transactions on three accounts in two days,” he said.

The victim filed a complaint on Saturday at the Jaya Gading police station.

About Ruben V. Albin

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