The businessman has been using his position and influence to defraud the victims in bogus investment schemes for the past 16 years.
Shah Abdul Malek said the businessman allegedly deceived the authorities and his victims through 18 non-existent companies.
The businessman is alleged to have been using his position and influence to defraud the victims for the past 16 years. Meanwhile, Lee Roger Meiklejohn, 51, a victim from Scotland said he lost nearly RM60 million to the businessman.
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