Investment scam leaves Kulai man RM100k poorer

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SINGAPORE: Former transport minister S. Iswaran will not be appealing the sentence handed down by the High Court on Thursday (Oct 3).

Kulai OCPD Supt Tan Seng Lee said the victim was interested in an investment offer that guaranteed a 10% return in a short period.

"Tempted by the lucrative-seeming returns, the victim made 17 payments totalling RM102,408 into six local bank accounts from July 31 to Sept 28,” he said in a statement on Monday .

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