KEPALA BATAS, Sept 10 — A businessman suffered a loss of RM181,209 after he became a victim of a fraudulent investment syndicate in Butterworth, near here last Thursday.
“The man was excited by the short-term lucrative offer and had called the given phone number before speaking to a woman purportedly from Hong Kong claiming to be the agent of the investment company,” he told reporters here today. “The man only realised that he had been duped after the woman began giving excuses when asked about the investment,” he said.