KUANTAN: Another victim of a get-rich-quick scheme offered by a company selling coffee lodged a police report over losses amounting to RM152,050.
The victim, a 48-year-old female teacher, lodged a police report at the Kuantan district police headquarters yesterday after failing to secure returns on her investment by the company led by a “Datuk Seri”.
Pahang Commercial Crime Investigation Department head Mohd Wazir Mohd Yusof said the victim was encouraged by her friend to take part in the investment scheme offered by the company in April 2015.
The company promised lucrative returns for every investment made.
“Four investment packages were offered for RM1,000, RM3,000, RM5,000 and RM10,000. Investors received returns in the form of products and cash.
“The complainant had invested RM190,000 and had received RM37,950 in returns,” he said in a statement here today.
However, Wazir said from November 2016, members did not receive any more returns.
He said the company had given the excuse that the programmes and packages were being upgraded to provide a higher profit margin for all members.
To date, he said the woman had not received any positive feedback from the company and this led her to lodge a police report.
The case is being investigated under Section 420 of the Penal Code, which carries a maximum jail term of 10 years, a fine and whipping upon conviction.
On Tuesday, 19 people had lodged a police report at the Kuantan police headquarters claiming to be victims of investment scheme scams offered by the company selling a famous brand of coffee. The victims claimed they had lost a total of RM735,000.