Bogus ‘Datuk Seri’ behind fraud scheme

Nation
Saturday, 05 Mar 2022

KUALA LUMPUR: A bogus Datuk Seri is allegedly responsible for over RM3.32mil in losses after he duped 21 investors, police revealed.

The man masterminded a phony investment scheme syndicate, offering investors four to five percent returns on their investments monthly.

Unlock 30% Savings on Ad-Free Access Now!

Monthly Plan

~~RM13.90/month~~
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

~~RM12.33/month~~
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only

Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Tags / Keywords: bogus , Datuk Seri , investment scheme , syndicate

Is this article useful?

41% of our readers find this article useful

Report a mistake

What is the issue about?

Spelling and grammatical error

Factually incorrect

Story is irrelevant

Email (optional)

Thank you for your report!

Next In Nation

Sabah polls may spark new alliance

Fatal crash site a dark and winding stretch, say police

Failed break-in attempt results in stinky surprise

Fire dept warns against open burning ahead of drier days

Woman loses jewellery to monkeys

‘Basic necessities remain exempt’

Cries, wails and tears of sadness

Precious last moments with families

Elderly woman prioritises solitude with cats

Student: It all unfolded so quickly

Others Also Read

Football1h ago

Soccer-Italy not in a good place for successor, says sacked Spalletti

Football2h ago

Soccer-De Bruyne to the rescue as Belgium hold off gallant Welsh fightback

Football3h ago

Soccer-Pulisic's dad fires back at Donovan

Tennis5h ago

Tennis-Czech Lehecka opens grass campaign with win in Stuttgart

STARPICKS

Discover your perfect path at Sunway Education Open Day

Football6h ago

Soccer-Man City sign Ait-Nouri from Wolves on five-year deal

Technology9h ago

Amazon to invest $20 billion in Pennsylvania to expand cloud infrastructure

AseanPlus News9h ago

Mpox is still a health emergency, WHO says

Singapore9h ago

Qantas passengers bound for Singapore to stay night in Azerbaijan after flight from London diverted

Singapore9h ago

Explosions, fires on Singapore-registered cargo ship off India’s Kerala coast; no S’poreans on board

Indonesia10h ago

Indonesia's PSI opens doors for former President Jokowi to join their leading ranks

Technology10h ago

Warner Bros Discovery splits streaming from cable TV in latest media shakeup

Symbol	Open	High	Low	Last	Chg	%Chg	Vol ('00)
HSI-CWEH	0.210	0.230	0.205	0.225	0.015	7.14	2,010,772
HSI-PWFI	0.090	0.090	0.080	0.080	-0.035	-30.43	1,611,567
HSI-PWFS	0.095	0.095	0.070	0.075	-0.030	-28.57	1,109,268
HSI-CWGA	0.105	0.120	0.105	0.115	0.010	9.52	713,979
MYEG	0.945	0.960	0.940	0.945	0.000	0.00	581,978
HSI-CWEQ	0.150	0.170	0.150	0.170	0.025	17.24	522,069
MPIRE	0.090	0.125	0.090	0.110	0.020	22.22	393,357
HKB	0.160	0.165	0.145	0.145	-0.015	-9.38	374,393
HSI-CWC6	0.195	0.230	0.195	0.225	0.030	15.38	359,429
TANCO	1.030	1.040	0.960	0.990	-0.040	-3.88	359,316
GENM	1.840	2.020	1.840	2.000	0.160	8.70	356,943
HSI-CWEZ	0.130	0.140	0.130	0.140	0.010	7.69	338,281
HSI-PWHB	0.085	0.085	0.065	0.070	-0.015	-17.65	310,592
SENDAI-WA	0.145	0.145	0.065	0.070	-0.075	-51.72	306,331
TAWIN	0.020	0.025	0.020	0.020	0.000	0.00	286,601

Bogus ‘Datuk Seri’ behind fraud scheme

Unlock 30% Savings on Ad-Free Access Now!

Monthly Plan

Annual Plan

1 month

Scoring the ‘real deals’ on Lazada’s 6.6 Super Wow Sale

Next In Nation

Others Also Read

Soccer-Italy not in a good place for successor, says sacked Spalletti

Soccer-De Bruyne to the rescue as Belgium hold off gallant Welsh fightback

Soccer-Pulisic's dad fires back at Donovan

Tennis-Czech Lehecka opens grass campaign with win in Stuttgart

Discover your perfect path at Sunway Education Open Day

Soccer-Man City sign Ait-Nouri from Wolves on five-year deal

Amazon to invest $20 billion in Pennsylvania to expand cloud infrastructure

Mpox is still a health emergency, WHO says

Qantas passengers bound for Singapore to stay night in Azerbaijan after flight from London diverted

Explosions, fires on Singapore-registered cargo ship off India’s Kerala coast; no S’poreans on board

Indonesia's PSI opens doors for former President Jokowi to join their leading ranks

Warner Bros Discovery splits streaming from cable TV in latest media shakeup

StarPicks

HONOR tablets top Malaysian market for 12 consecutive months

Discover your perfect path at Sunway Education Open Day

Market Summary

Market Movers

Want to listen to full audio?

Thank you for downloading.

Bogus ‘Datuk Seri’ behind fraud scheme

Unlock 30% Savings on Ad-Free Access Now!

Monthly Plan

Annual Plan

1 month

Next In Nation

Others Also Read

Trending in News

Market Summary

Want to listen to full audio?

Thank you for downloading.