Malaysian woman cheated of $1.3 million inheritance in phone scam

Ms Dolly Ng received a call from a man claiming to be a policeman, who said her inherited funds were under a probe.
Ms Dolly Ng received a call from a man claiming to be a policeman, who said her inherited funds were under a probe.PHOTO: THE STAR/ASIA NEWS NETWORK

KLANG (THE STAR/ASIA NEWS NETWORK) - About 30 years ago, Ms Dolly Ng inherited more than RM4 million (S$1.3 million) from her parents.

The 72-year-old had been keeping the money in several bank accounts throughout the years.

Some time in May last year, a person claiming to be a policeman contacted her.

"The caller told me that my money in the accounts was under investigation by the authorities.

"He advised me to open a new account and transfer the entire amount there," said Ms Ng.

The former piano teacher said she followed the instructions and transferred RM4.3 million into the new account.

"About two months later, a friend told me about some scams during a casual conversation.

"I got worried and decided to go to the bank to check my savings, '' she said.

She was shocked when told that there was only RM14,000 left in her account.

"I quickly withdrew the remaining RM14,000," Ms Ng said, adding that she then lodged a police report.

From the printed statements she obtained from the bank, it showed that her money was transferred out via Internet banking to 18 individual accounts over a period of 45 days.

"I did not open any Internet banking facility under the account. So how can the bank allow the transactions without any verification from me?" she said.

According to the statements, some of the names were of people who were not known to her.

A transaction of RM9,999 was made 15 times a day, which totalled up to 459 transactions from June 1 to July 16,2019.

"I am a retiree. The money was my only safety net. I have no other income to last through my old age," said Ms Ng.

She has since initiated legal action against the bank, seeking to be reimbursed the lost amount.

"The bank lost my money. It is only right that they give it back to me, '' she said.

Ms Ng's lawyer,  Mr Loo Chay Meng, said the case had been filed at the Shah Alam High Court.

The hearing is fixed for Nov 23 and 24.