JOHOR BARU: A husband and wife pair of con artists, who had raked in almost half a million ringgit from their victims in a property scam, were arrested by Johor police last week.
The man, 34, and his 33-year-old wife had made their money by luring their victims into investing in a bogus auctioned homes scheme.
Their victims were promised handsome returns if they invested in the scheme, which began in October last year.
The couple lent an air of legitimacy to their scheme by legally registering their business, and even opened an investment office in Johor Baru.
It is believed that their victims weren't only limited to Johor but also extended to Penang and the Federal Territory.
Johor Commercial Crime Investigation Department (CCID) chief, Assistant Commissioner Mah Khye Beng said police believe the couple had swindled more than RM400,000 from their 'investors.'
"Their victims finally realised that they had been taken for a ride, and lodged police reports," he said.
The woman was picked up at the couple's house in Paloh, Kluang last Wednesday (April 27) at 1pm while her husband was arrested at the same place two days later.
Mah said police have opened up six case files on commercial crime offences under Section 420 of the Penal Codes, including three more in other states - two in Penang and one in the Federal Territory.
Mah warned the public to be wary of any form of investments or business schemes and urged people to check on their legitimacy before performing any financial transaction.