QuickCheck: Did a fake free books’ ad lead to over RM100,000 loss for a bank officer?

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QuickCheck: Did a fake free books’ ad lead to over RM100,000 loss for a bank officer?
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A bank officer thought he found the deal of a lifetime but ended up RM102,700 poorer after putting the money into an “investment scheme” he found on a Facebook ad.

Sometimes, an offer comes in that is just too good to be true, and while it usually is, people still fall for these scams.

Apparently a bank officer in Pahang thought he found the deal of a lifetime but ended up RM102,700 poorer after putting the money into an “investment scheme” he found on a Facebook ad. Is this true?The 32-year-old bank officer came across an advertisement on Facebook on June 2 allegedly from a well-known bookstore that had offered customers several free books on investment in return for his personal details, said the Pahang police in a statement.

Intrigued, the victim parted with his information and was then invited to sign up to a stock trading platform. "After clicking on the link, the victim was then invited to trade on the 'PSLUS' platform," said Pahang police chief Datuk Yahaya Othman."The victim then made 12 more transactions into six accounts from different banks within three weeks," said Yahaya.He added that investors should refer to Bank Negara's website for information regarding known scams (

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