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Logging company manager loses RM238,000 to timber trading scam

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KUALA TERENGGANU: A logging company manager was cheated of RM238,000 by two men who had been involved in timber trading for the past two years.

According to ACP Azli, the suspects claimed that the sale was authorised by Felcra Berhad, which had allegedly agreed to the sale and purchase of the remaining timber in a designated area. The suspects then offered the victim the option to make payments in instalments. The victim subsequently transferred RM238,000 into separate accounts belonging to the two suspects," he added when contacted on Thursday .

However, in 2023, the Terengganu Forestry Department informed the victim that the confirmation letter, allegedly issued by Felcra Berhad, was counterfeit.

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