KUALA LUMPUR: A 77-year-old retired senior banker lost RM15.1mil after being duped by acquaintances into investing in fake share purchases.
Acting Bukit Aman Commercial Crime Investigation Department director Deputy Comm Datuk Rohaimi Md Isa said a report on the matter was lodged on April 14 in Brickfields.
“The victim was approached by an acquaintance (the first suspect) to purchase shares in a Malaysian company. The victim was persuaded to buy the shares through the first suspect, who would hold the shares in trust for her.
“The first suspect also introduced the victim to a friend (the second suspect), who was said to act as an agent for the purchase. The victim was shown several documents that further convinced her to buy the shares,” he said in a statement on Thursday (April 17).
Several transactions were then made between 2020 and 2021 with deposits made to three people totalling RM15.1mil.
“In 2021, the victim asked for the shares bought by the first suspect to be transferred to her. She also requested proof of purchase. However, both suspects gave various excuses and continually delayed her requests.
“She eventually doubted the authenticity of the shares and realised that the information in the documents was false and created by the suspects,” he added.
The case is being investigated under Section 420 of the Penal Code for cheating.
