KUCHING, Sept 20 ― Police have set up a task force to further investigate a major housing and property investment scam in which victims were promised financial returns and...
KUCHING, Sept 20 ― Police have set up a task force to further investigate a major housing and property investment scam in which victims were promised financial returns and real estate assets.
“The victims were offered three schemes: the first, to build a house for the victim on the victim’s land; the second, to look for land and build a house for the buyer on said land; and three, get victims to invest in a property scheme whereby the victims would have to pay a certain amount to receive dividends,” he said in a statement yesterday.
One victim said he had lost almost RM300,000 to the scam after being convinced by the professional-looking representatives of the company.
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