JOHOR BARU: A company manager has lost more than RM1.3mil in a fraud case over the purchase of land.
Kulai OCPD Asst Comm Tan Seng Lee said a 42-year-old man lodged report on Jan 8.
Investigations revealed that the victim's company, through its appointed lawyer, had expressed interest in purchasing some land and subsequently paid a deposit to a law firm supposedly representing the seller.
"However, the victim was later told that the deposit had been released to the seller even though the transaction had not been finalised," he said in a statement on Friday (April 3).
He added that the victim later discovered that the landowner had never appointed any party to sell the property, prompting him to lodge a police report after realising he had been cheated.
The victim claimed that his company suffered losses of RM1,338,163.20.
Tan said the case concerned a plot of 80ha land in the Mukim Sedenak area.
He added that the law firm had been operating in the Kulai area for over 10 years.
"So far, no arrests have been made. The suspect has been identified and investigations are ongoing to gather supporting documents and evidence," he said.
The case is being investigated under Section 420 of the Penal Code for cheating.
The public is urged to exercise caution and use official channels provided by the police's Commercial Crime Investigation Department (CCID), including the National Scam Response Centre (NSRC), CCID Infoline and Semak Mule, to verify financial transactions. – Bernama
