Gold suppliers cheated of millions by single buyer

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Gold suppliers cheated of millions by single buyer
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More than 15 gold suppliers suffered an estimated RM30mil in losses after they were duped by a goldsmith.

One of the victims, Allan Tang, said he had been dealing with the suspect for the past two years.“On Jan 9, he ordered gold worth RM569,170 for his shop. The gold was delivered and the goldsmith said he would pay within a few hours.

“On Jan 10, the suspect claimed he was scammed and unable to pay the sum owned. He promised to obtain a loan to settle the debt but until today, no payments have been received.

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