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

KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim has told off PAS Ulama Chief Datuk Ahmad Yahya for claiming the government is following the Western and Israeli narrative in the ongoing Palestinian conflict.

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.

They purportedly fell for the businessman's sweet promises who had been using his position and influence to defraud the victims for the past 16 years, he added. Shah said he and other victims have gathered information about the operations and modus operandi of the businessman, who is alleged to have deceived the authorities and victims through 18 non-existent companies.

"Initially, I received a 10% return but in 2017, when he sent me bank statements, I found out that he had withdrawn all the money and pocketed it," he said at the press conference.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

staronline /  🏆 4. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Akhyar muncul wira, bantu JDT ‘baham’ Ulsan HyundaiJDT) menghidupkan peluang untuk mara ke pusingan seterusnya apabila menewaskan Ulsan Hyundai 2-1 dalam aksi Kumpulan I.
Read more »

‘Datuk’ didakwa tipu ratusan pelabur babitkan kerugian RM1 bilion'Datuk' didakwa tipu ratusan pelabur babitkan kerugian RM1 bilion
Read more »

Jewellery worth RM1.4mil stolen from parked car in Kuala KangsarSINGAPORE: A 33-year-old woman and a one-year-old infant were found dead at the foot of a block of Housing Board flats in Eunos on Sunday afternoon.
Read more »

Penunggang e-hailing dari Sabah, dipukul ketika bertugas di Kuala LumpurKota Kinabalu: Beberapa klip video muncul di media sosial menunjukkan seorang penunggang e-hailing Lalamove, berasal dari Sabah, dipukul semasa bertugas menghantar di Kuala Lumpur.
Read more »

Tiga suspek rompakan bersenjata di Kuala Kangsar ditangkap di Shah AlamPolis menahan tiga lelaki bagi membantu siasatan kes rompakan barang kemas bernilai RM1.4 juta di tempat letak kereta berhampiran kedai emas di pekan Kuala Kangsar, di sini semalam,
Read more »