'Datuk Wira' allegedly scams victims out of nearly RM1bil through fake investments

PETALING JAYA: A businessman using the title of "Datuk Wira" is alleged to have defrauded hundreds of local and foreign individuals of RM900mil through non-existent investments.

A spokesman for the secretariat formed by the victims of the fraud, Shah Abdul Malek, who also invested in the scheme, said the investors are from all types of backgrounds, such as government officers, doctors, and general members of the public.