State commercial crimes chief Supt Aibee Ab Ghani said a 56-year-old man lodged a report on Sept 17, claiming that he was cheated of RM315,920.
Supt Aibee said the man claimed he was invited to invest the sum in a scheme in March 2017.
“The victim was attracted by the promise of high monthly returns and issued a cheque for the amount to a company.
“He was supposed to receive the profits from his investment in October the same year but nothing came,” he said in a statement.
Supt Aibee said the victim approached the company for an explanation on several occasions but they gave various excuses.
The company, which changed its name in 2018, promised the victim that his money would be returned but he waited in vain.
The victim got tired of being given the
runaround and finally decided to lodge a report.
Police are looking for Chang Tack Hwa, 53, from Klang, Lee Chong Liang, 38, from Rawang, and Soon Beng Gee, 39, from Bandar Hilir, Melaka to help in investigations.
The case is being investigated under Section 420 of the Penal Code for cheating.
Those with information on the three men should contact Sjn Mohd Ismail Naim at 019-7348 006 or 06-761 2222.