Pajau Media
11th , February, 2025

A significant sum of money was reported stolen from the proprietor of the “Myat” money transfer service located in Sitapru Ward, Myitkyina, on February 4, as stated by the victims.
“On the 4th, she was absent. When I attempted to withdraw the funds, she informed me that she had no cash available. I suggested that she withdraw the money the following day. However, upon my return the next day, she was no longer there. She had departed on his motorbike early in the morning. I trust her, as I typically handle my own withdrawals,” stated a victim of fraud.
The proprietor of the money transfer service is accused of deceiving customers seeking to withdraw money by requiring them to make an advance transfer due to insufficient cash on hand, subsequently instructing them to collect their money the following day.
The victims of the scam report that the shop owner is a female. In addition, she may have been scammed by asking people who came to withdraw money to transfer money in advance, and there may be many more victims of this scam.
“There are five individuals who have been defrauded, as I am aware. One individual suffered a loss of 10.4 million, followed by another loss of 15 million, then 10 million, and subsequently 55 million. I myself experienced a loss of 30 million, followed by an additional 80 million, and I remain uncertain about the extent of further losses,” explained the above person.
Upon being approached regarding the fraudulent activity, the individual who absconded stated that her actions were motivated by familial challenges. She expressed a desire for the situation to be regarded as a loan, assuring that she intended to repay it in the future.
It was also discovered that the woman who had escaped the financial fraud had previously defrauded hundreds of millions of money and sold her home to repay the amount.
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