More than 100 people have been scammed into purchasing Malay reserve land from a property firm for as low as RM60,000, a price that is too good to be true, reported Bernama.
The attorney representing the victims, Bhavanash Sharma, said during a press conference in Kuala Lumpur on Saturday (22 Dec) that among those defrauded bought the land in 2013.
“One of the victims, a teacher felt she had been deceived because after two years there were no further news on the land, which is said to be located at Tanah Mukim in Dengkil.”
“As no follow-up news were received and various excuses were given each time she asked on the status of the purchase, the victim requested to cancel the purchase contract,” he said, adding that the victims have filed two police reports.
Out of the 100 victims, some have appointed Bhavanash as their lawyer to oversee their case, recover their money and get compensation for damages. In fact, a businessman has already filed a case against the property firm and several of its lawyers
“Last Thursday, the Kuala Lumpur High Court allowed the plaintiff to file a suit after his lawyer succeeded in proving that fraud and negligence were involved in the case,” he noted.
In that, case the court ordered the property firm to pay RM66,000 to the land buyer, in addition to costs of RM40,000, general damages of RM26,400 and exemplary damages amounting to RM150,000.
Image source: Free Malaysia Today
This article was edited by the editorial team of PropertyGuru. To contact them about this or other stories email firstname.lastname@example.org
As a property buyer, it is important to be well informed on the buying process and laws governing the housing industry. Read more here!