According to a media release, a 55-year-old man was arrested for his suspected involvement in an investment scam.
The police were alerted on the 14 Aug 2020, the victim claimed that she has been cheated by a man that she met online who introduced her to an online trading platform.
According to the victim, she has transferred a total of $74,000 to a bank account between 05 to 06 Aug 2020. However, after the transfer, her bank account was blocked and she was unable to access her trading account to retrieve her money.
After investigations, the police managed to identify the suspect and arrested him on the 14 Sep 2020. Initial investigation revealed that the man was at least involved six other similar cases which amount to $197,000.
According to the law, if convicted of cheating the man could face a jail term up to 10 years and fine.