Man to be charged over alleged involvement in investment scam
The man is also believed to be involved in other cheating cases where losses exceeded $2.2 million.
A 54-year-old man is set to be charged on October 9 for his alleged involvement in an investment scam. According to police, the man is believed to have been involved in other cheating cases as well, resulting in victims losing over $2.2 million. The police received a report on July 25, 2025, stating that the man had introduced a victim to an investment scheme offering loans to gamblers.
The victim, assured of guaranteed returns regardless of the gambling outcomes, handed over money believing the agreement was legitimate. She later discovered she had been scammed as no returns were made and the man became unreachable. The police subsequently identified the man and found his alleged involvement in other similar cheating cases.
The man is due to be charged with cheating on October 9; if found guilty, he could face up to 10 years in jail or a fine.
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