NFA after RM6.7mil lost to coffee vending machine investment scheme

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NFA after RM6.7mil lost to coffee vending machine investment scheme
FraudHussein-Omar-KhanInvestment
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Selangor police chief Hussein Omar Khan said the deputy public prosecutor’s office decided that no charges for fraud-related offences would be filed.PETALING JAYA: Investigations into a coffee vending machine investment scheme that purportedly led to investors losing some RM6.7 million has been classified by prosecutors as requiring no further action .

They then joined the scheme and made payments to the bank accounts with which they were provided.“The victims were unsure whether the investment was legitimate. Initially, they received some returns, but over time, the payments stopped,” said Hussein.While the cases were probed for cheating under Section 420 of the Penal Code, the deputy public prosecutor’s office eventually decided that no charges for fraud-related offences would be filed.

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