SABAH DAP

Monday, May 12, 2008

30 claim conned of RM500,000.00

Daily Express 12th May 2007 Monday

SANDAKAN:


About 30 people, including an agent of a Foreign Exchange (Forex) Company claimed to have been cheated of RM500,000 in an internet investment scam. The victims, led by Harold Taylor, 50. said their nightmare started a few months ago when they were approached by agents representing a Hong Kong-linked company claiming they could get andsome returns from the foreign exchange investment operated by the company through the internet.

”We were getting some returns in the first few months but when we wanted to close the account, we were given a lot of technical excuses and eventually they could not be contacted,” the victims lamented. Speaking in a Press conference arranged by the DAP Sandakan Coordinator, Anthony Teo, they said they had reported the case to the police Commercial Crime Department, Bank Negara and the Security Commission but until now there has been no progress. They urged the relevant authorities and agencies to investigate the case thoroughly and bring the culprits to book so as to recover their investments.

Meanwhile, Teo said the DAP legal advisor would be looking into the case.