Two businessmen duped into share market investment amounting to RM 1.73 mil

 |Jan 5, 2017
Legal Advisor Zakwan Hafiz (middle), Datuk businessman (right) and another businessman (left) after lodging police report at IPD Petaling Jaya.
Legal Advisor Zakwan Hafiz (middle), Datuk businessman (right) and another businessman (left) after lodging police report at IPD Petaling Jaya.

Two businessmen lodged a police report today against a licensed remisier allegedly duping them into stock market investment.

The police report was done at Petaling Jaya district police headquarters.

The first victim who is a ‘Datuk’ businessman invested RM 1.23 million in share market via the remisier in 2015.

The victim alleged the remisier after receiving the investment when missing and only managed to be contacted in June 2016.

“When confronted, the remisier promised to return back the investment money which was paid earlier.

“He gave me four cheques amounting to RM 1.23 million.

“But when the cheques were banked in, it did not go through. When I tried to contact him back there was no response from him and went missing again,” the Datuk victim said.

Another victim, a businessman from Kuala Lumpur invested almost RM 500,000 was also cheated by the same by remisier.

The 51 year old remisier is known to be based in Kuala Lumpur have done stock market and currency trading for prominent figures.

During the press conference, the victims’ legal advisor Zakwan Hafiz Ahmad Ansari told the reporters that the public should be careful when comes to investing into stock market and currency trading.

Zakwan alleged that the remisier owns seven houses and living a lavish life believed to be using the victims’ investment.

He said his clients have lodged the police report and urging them to probe the matter Section 420 of the Penal Code.