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KUANTAN: A government official claimed to have incurred losses of RM226,000 after a friend from his village invited him to join an investment plan that did not exist five years ago.
The head of Pahang’s Commercial Crime Investigation Department, Superintendent Mohd Wazir Mohd Yusof, said the 38-year-old victim claimed to be interested in the scheme after seeing the suspect’s luxurious lifestyle, which was said to stem from from the investment.
The victim claimed that he was promised a profit of around three to four percent in one year, in addition to being able to recover the invested capital in a short period of time, which led him to agree to make an investment totaling RM255, 000 in 2015.
“However, the victim claimed that he only managed to make a profit of ringgit 29,000 before the suspect failed to make subsequent payments that led the victim to file a civil lawsuit to get his money back.
“The victim also claimed that the suspect did not make the payment ordered by the court, which prompted him to file a police report for action against the woman,” he told reporters here today.
Mohd Wazir said the victim filed a report at the Kuantan district police headquarters here yesterday, and the investigation was carried out under Section 420 of the Penal Code for cheating, which sets a maximum prison sentence of 10 years with spanking and can also be fined. if he is convicted. –Named
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