KUALA LUMPUR: Police detained a 36-year-old woman with a bogus honorific title of “Datuk Seri” in Dang Wangi last Friday for allegedly operating a loan scam for businessmen, using her consultation company.
Police also picked up the suspect’s accomplice, a 34-year-old man who is a director of the same company.
Kuala Lumpur Commercial Crime Investigation Department chief SAC Izany Abdul Ghany said initial investigations revealed both suspects had been targeting businessmen who faced financial problems by persuading them to take loans from their company.
“We are checking other cases involving the woman, including her (bogus) Datuk Seri title,” he told a press conference at the Kuala Lumpur police headquarters here yesterday.
Izany said initial investigations revealed the woman was linked to two fraud cases reported to the Brickfields and Sepang police headquarters involving RM200,000.
He said in the latest case, a man claimed to have been cheated by the woman when applying for a RM2 million loan to expand his printing business.
“The complainant had been dealing with the woman since December last year and agreed to secure the loan after settling RM85,000 as a “processing fee.”
“Despite handing over the money to the woman, he was unable to get the loan four months later, as promised. It then dawned on him that he had been cheated,” added Izany.
He said the woman returned RM40,000 after being forced to by the victim but the man had yet to receive the rest of the money.