Con job makes them RM300k poorer

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SIBU: A businessman and his friend were conned of RM332,702 through a non-existent business.

Sibu OCPD ACP Stanley Jonathan Ringgit said at about 7pm on May 15, the businessman met a stranger at a coffee shop in Jalan Pahlawan who offered him to become a joint-partner in a business that offered 10 percent return every month for life.

“The businessman was attracted to the offer and had subsequently made a payment of RM150,000 in cash as capital for the business to the stranger,” he said.

However, the stranger did not issue any receipt and no explanation was given to the victim on the nature of the business.

ACP Stanley added that the victim’s friend was also attracted to join the partnership.

“On May 24, the friend made six bank transactions to the stranger’s account totalling RM182,792.”

The businessman finally realised that he had been duped when on May 24, he was told through a phone call that the business could not proceed and that his money was not refundable.

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The case is being investigated under Section 420 of the Penal Code for cheating.

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