Duo cheated of RM300k in non-existent business


SIBU: A businessman and his friend got a raw deal when they were cheated of RM332,702.00, after investing their money in a non-existent business.

Sibu OCPD Asst Comm Stanley Jonathan Ringgit said the 62-year-old businessman met a stranger at a coffee shop in Jalan Pahlawan at about 7pm on May 16, where he was invited to become a joint-partner in a business that offered 10% return every month for life.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

PM departs for Asean-Russia Commemorative Summit in Kazan
Malaysia to deepen heritage, education and AI cooperation with China
PERKESO claims could surge by up to 200% annually following new schemes, says Ramanan
Police to record statements from witnesses over grenade blast
Selangor Sultan urges Muslims to prioritise unity in Maal Hijrah message
Police seize RM3mil worth of e-waste, detain five in Bukit Mertajam
Strict monitoring of 3R issues during Johor, Negri Sembilan elections, says Fahmi
Najib no country bumpkin, improbable he was deceived, says Justice Sequerah
Malaysia and Timor-Leste exploring strategic cooperation in multiple sectors, says Anwar
PM leading M'sian delegation to Asean-Russia summit on June 17 and 18

Others Also Read