A 68-year-old retiree from Kuala Terengganu fell victim to a phone scam syndicate impersonating police officers, losing her entire retirement savings of RM155,804. The suspect tricked her into revealing her banking information and even instructed her to insert her debit card into a plastic and place it in a tree, enabling the syndicate to withdraw large sums of money from her accounts.
A 68-year-old retiree lost RM155,804 in her retirement savings to a phone scam syndicate impersonating police officers. Kuala Terengganu District Police Chief, Assistant Commissioner Azli Mohd Noor, said the victim was contacted by the suspect on January 16, claiming she had a warrant for her arrest for involvement in money laundering and water meter abuse. 'The victim was then asked to provide all banking information regarding three bank accounts, supposedly for investigation purposes.
The victim was also instructed to insert her debit card into a plastic and place it in the crack of a tree in front of her house. 'The next day, the victim received notifications of large withdrawals from all three bank accounts,' he said yesterday. The woman contacted the bank to freeze her accounts and obtain statements. 'The victim was shocked to find over 55 transactions transferring money to four accounts made through automatic teller machines (ATM). The victim wanted to file a police report, but the suspect threatened that her family's accounts would also be blocked. 'However, due to the numerous transfers of money in the victim's accounts, she had to inform her children and her child immediately blocked the account,' he said.
Phone Scam Retirement Savings Impersonation Money Laundering Police
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