Why did the retiree transfer money to an unknown account?

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A Retiree Transferred Over RM140,000 Due to a Sophisticated Phone Scam Impersonating Government and Police Officers

A 71-year-old retiree transferred a total of RM140,600 to unknown accounts after being deceived by fraudsters posing as enforcement officers. The victim was initially contacted on August 15 by someone claiming to be from the National Financial Crime Prevention Centre (NFCC), alleging his bank account was linked to money laundering. The scam escalated when he was instructed to make these transfers to resolve the purported issue.
Impersonation of Government and Police Authorities

The scam began with a phone call on August 15, where an individual claimed to be an officer from the National Financial Crime Prevention Centre (NFCC) in Putrajaya. This initial contact was followed by a transfer to another individual who posed as a police officer. These fraudsters falsely accused the retiree of involvement in money laundering activities to gain his trust and manipulate him into complying with their demands.
Deception Regarding Bank Account Issues

The fraudsters convinced the retiree that his bank account was compromised and linked to illicit financial activities. To resolve this alleged problem, they instructed him to provide images of his bank card. This tactic was part of the elaborate scheme to establish a false sense of urgency and a need for immediate action on the victim's part.
Instructions for Fund Transfers to Resolve Alleged Issues

Under the direction of the fraudsters, the retiree made two significant transfers. On August 25, he transferred RM109,950 to an unknown account, followed by a second transfer of RM30,650 on September 12. These funds were reportedly from his personal savings and proceeds from investment shares, highlighting the extent to which he was convinced of the fraudulent claims.

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Why did the retiree transfer money to an unknown account?

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