Police arrested a man for being involved in a vehicle engine oil investment scheme which resulted in a victim losing RM240,000. The victim was promised a profit of RM50,000 each month but only received RM1,000. The suspect was arrested after the victim lodged a police report.
Police arrested a man for being involved in a vehicle engine oil investment scheme which resulted in a victim losing RM240,000 in an incident here recently. Barat Daya district police chief Supt Kamarul Rizal Jenal said a businessman, 51, was arrested in Bayan Lepas yesterday to assist in the investigation.
“Based on the report, a 24-year-old woman, a company general manager, was introduced to the man by her adoptive father to invest in the suspect’s company,“ he said when contacted by Bernama today. “The victim was agreeable and made a money transfer of RM240,000 as she was promised a profit of RM50,000 each month but she only received RM1,000.” He said when the victim realised she had been duped after not receiving any profit since investing last June, she lodged a police report after which the suspect was arrested for further investigation
Vehicle Engine Oil Investment Scheme Scam Arrest Victim Profit Police Report
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Man loses over RM30,000 to a job offer scam on social mediaKUALA TERENGGANU: A man suffered losses of RM30,700 due to a job offer scam via a social media platform. Terengganu police chief, Datuk Mazli Mazlan, ...
Read more »
Police arrest man who assaulted mother, threatened to blow up gas cylindersGEORGE TOWN: Police managed to arrest a man who beat his mother and threatened to blow up three cooking gas cylinders after a three-hour stand off at ...
Read more »
Police: Body of man with injuries found in Sungai KlangKUALA LUMPUR, March 10 — The body of a man, believed to be local, was found stuck in a water pipe in Sungai Klang, near the Bukit Tandang cemetery, Sungai Way, Petaling Jaya,...
Read more »
PJ police: P-hailing rider arrested for setting police car on fire for TikTok viewsKUALA LUMPUR, Feb 15 — Police today arrested a p-hailing worker who set fire to an auxiliary police car and uploaded a video of the incident to gain attention on the TikTok...
Read more »
Content creator fined RM10,000 for insulting Iban costumeKota Kinabalu: A content creator was reportedly fined RM10,000 by the Miri Sessions Court for ridiculing the traditional Iban costume Ngepan Indu on his Instagram account.
Read more »