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Wednesday February 12, 2014 MYT 12:00:00 AM
Wednesday February 12, 2014 MYT 7:55:03 AM
SOME Malaysians have been lured into taking part in an “investment” project operated by a syndicate in Nanning, China, China Press reported.
An investor would be asked to put in about 69,800 yuan (about RM38,166) for a start and he or she would be set to get some RM430,000 in returns within two years if he could find three other investors, it reported.
A reporter and photographer went undercover in Nanning and found out that hundreds of Malaysians had fallen victim to the scam.
The syndicate would identify “potential investors” in Malaysia before offering them a free trip to Nanning to learn about the “company”.
When the would-be victims got to Nanning, they were taken to numerous seminars and talks where company leaders would brainwash them into believing they should invest with the company.
The daily reported that the syndicate invited only the wealthy for the free trip.
It was learnt that many small businessmen and retirees were taken in by the ruse.
> Major Chinese dailies reported that a 51-year-old orchard owner in Pahang had claimed that he was blackmailed after having sex with a prostitute, who claimed to be an underage girl.
The man alleged that a pimp offered a prostitute for RM300 last year and he took up the offer, Nanyang Siang Pau reported.
However, the man said three people, claiming to be relatives of the girl, then blackmailed him into paying them RM54,000 for their silence.
The man, whose wife and son lived in Kuala Lumpur, did not pay the amount and instead related the incident to MCA Public Services and Complaints Department chief Datuk Seri Michael Chong.
● Found in Translation is compiled from the vernacular newspapers (Bahasa Malaysia, Chinese and Tamil dailies). As such, stories are grouped according to the respective language/medium. Where a paragraph begins with this ' >'sign, it denotes a separate news item.
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