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Businessman loses RM100k in scam
Published on: Sunday, September 09, 2018

Pahang: A businessman was allegedly cheated out of RM100,000 by a man who offered him a machinery rental deal for construction work at the Kuantan Port here early this year.

Pahang Commercial Crime Investigation Department (CCID) Chief Supt Mohd Wazir Mohd Yusof said the 51-year-old victim claimed to have agreed to rent a floating crane from a man believed to be a manager of the machinery supplier company.

He said they reached the agreement for the rental fee to be set at S$250,000 or RM752,000 a month until the completion of the project and the victim made an advance payment of RM100,000 on March 8.

"On April 10, the victim and the suspect have met with the top management of the Kuantan Port where the suspect admitted that he could not deliver the floating crane to the port on April 12.

"The victim wanted the suspect to return the advance money, but the suspect gave various reasons and still failed to do so," he told reporters here Saturday, adding that the case was being investigated under Section 420 of the Penal Code.

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