The Magistrate’s Court recently sentenced a local man to 36 months’ imprisonment for investment fraud and impersonating as a police officer.
Mohammad Khairuddin bin Haji Jumat, 30, was found guilty of nine charges under Section 420 of the Penal Code, Chapter 22, and one charge under Section 3 of the Criminal Assets Recovery Order 2012.
The Royal Brunei Police Force (RBPF) said that he had presented himself as a police officer to mislead his victim into investing in a bogus gold dinar scheme.
Believing him, the victim handed over cash totalling BND13,980 on several occasions.
Police investigations found that Mohammad Khairuddin had used some of the money to purchase a motorboat, in addition to paying off his debts and car instalments. The remainder was used to finance his freshwater prawn business.
In the sentencing, the court handed down a term of eight months for the first charge, another eight months for the second to sixth charges, an additional eight months for the seventh to ninth charges and 12 months for the 10th charge.
Meanwhile, the RBPF has warned the public to be wary of get-rich-quick investment schemes with false promises of high returns.
To report fraudulent activities, go directly to the nearest police station or call the police hotline at 993.