Latest news with #RM3.9mil
The Star
17 hours ago
- The Star
Retired doctor loses nearly RM4mil to family friend
IPOH: A retired doctor lost about RM3.9mil to a non-existent financial scheme he had continually invested in for over a decade with a woman he met through his late wife. The 74-year-old was introduced to the scheme more than 10 years ago through a family friend, said Perak police chief Comm Datuk Noor Hisam Noordin. The doctor was cheated by the female suspect with whom he got acquainted by his late wife in 2014, he said. 'The suspect had offered him the opportunity to invest in a scheme. 'Having been briefed by the suspect, he got interested and trusted her because she was his wife's friend,' Comm Noor Hisam said in a statement yesterday. The doctor first invested in the scheme in December 2014, when he gave the suspect RM12,000 in person at a bank in Ipoh. 'Over the years until April 9 this year, he continued making payments, both in cash and through bank transfers to the suspect's personal account, amounting to RM3.9mil. 'The victim only recently realised that he had been deceived after never receiving any returns or profits from the investment scheme,' Comm Noor Hisam said, adding that a report was lodged at the district police station here on Thursday. 'Each time he asked about the money, the suspect would give various excuses,' he added. The case is being investigated under Section 420 of the Penal Code for cheating.
The Star
a day ago
- The Star
Retired Ipoh doctor loses almost RM4mil in investment scam
IPOH: A retired doctor has lost about RM3.9mil after falling victim to an investment scam. Perak police chief Comm Datuk Noor Hisam Noordin said the 74-year old was cheated by a female suspect he got to know through his late wife. He said the victim was tricked into investing in a scheme said to be linked to royalty. "He was interested because she was his late wife's friend," he said in a statement on Friday (June 13). Comm Noor Hisam said the victim handed over RM12,000 to the suspect at a bank in Ipoh on Dec 17, 2014. "Over the years until April 9, 2025, he continued making payments amounting to RM3.9mil in cash and through bank transfers to the suspect's personal account. "The victim only realised recently he had been deceived as he had never received returns or profits. "Each time he asked, the suspect gave various excuses," he said, adding that a police report was lodged on June 12. Comm Noor Hisam said the case is being investigated under Section 420 of the Penal Code for cheating. He reminded the public not to fall for promises of quick and high returns from unverified investment schemes.
