Malang Police Arrest Perpetrators Of Fraud Under The Guise Of Property Business With Total Losses Of IDR 1.25 Billion

JAKARTA - The Malang City Resort Police (Polresta) arrested one suspect with the initials PA (34) who committed fraud under the guise of a property business with a total loss of Rp 1.25 billion. Malang City Police Chief AKBP Budi Hermanto, in Malang City, East Java, Monday, August 2, said that the PA tricked the victim by promising a profit of 50 percent of the total value of the investment made. "The suspect promised a 50 percent profit for investing in the property business. The victim handed over money of up to IDR 1.25 billion," Budi said as quoted by Antara, Monday, August 2. Budi explained that the suspect told the victim he would do a property business in the area of Buring Village, Kedungkandang District, Malang City. However, it was later discovered that the business was fictitious, or never existed. According to him, after receiving money from the victim with the initials MS (48), the suspect then never responded when contacted by the victim. In fact, the suspect also fled to the Bandung area. "The suspect fled to the Bandung area. From the results of the investigation, the resmob team finally managed to secure the suspect," said Budi.

To the police, Budi continued, the suspect admitted that the money obtained from the victim was used for the suspect's personal interests. The police appealed to the public who were also harmed by the suspect, to immediately report to the Malang City Police. "The suspect admitted that the money was used for personal purposes. If there are other victims, please report them," he also said. KUHP), in conjunction with Article 372 of the KUHP with a penalty of four years in prison.