Appeal for information on investment fraud case (with photos)

Police today (April 18) appealed to members of the public for information on an investment fraud case occurred in 2004 in which two expatriates were deceived of US$0.88 million.

In April 2004, a 57-year-old Burmese man and a 37-year-old Singaporean man (victims) met two Indonesian men and a Malaysian man (wanted persons) in Myanmar. They decided to set up a company in Hong Kong in order to identify investment opportunities in the Asian region. The victims were responsible for raising a capital of US$0.88 million.

The victims later met the wanted persons in a hotel in Aberdeen in November 2004 and handed over US$0.88 million in cash to them. However, the victims had lost contact with the wanted persons since then and the case was reported to the Police in August 2005.

The wanted persons, aged between 30 and 60, were about 1.5 to 1.6 metres tall and with short hair. All of them could speak Putonghua.

Investigations by the Commercial Crime Bureau are proceeding.

Anyone who might have information about the three wanted persons or the case to offer is urged to contact the investigating officers at 2860 5012.


Police Report No.9

Issued by PPRB

Ends/Tuesday, April 18, 2006