QUOTE(gaviscon @ Oct 18 2023, 06:42 PM)
Someone on FB was asking about this, do you have any example or which law where victims can sue the agent?
Two parts against these agents
remark: I heard majority of these agents were from insurance, cash trust, broker, bank officer, real estate and etc which they took advantage of trust from customers.
a. criminal offence
Need to lodge police report at primary action.
This is to indirectly prove your identity and you really been cheated.
studied from the penalty imposed by BNM against I-serve kist last September. victim can take the same action against agent for defaulting payment, collect deposit without license. this is offence under section 137(1) of the FSA.
b. civil offence
after made police report, victim can sue for compensation of loss from the agent. do note misrepresentation, misleading, fraudulent conduct etc would be those key words. victims may engage with a lawyer.
i suggest all victims to take collective action to share the lawyer cost.
example: a victim invested RM 1 million and 2 victims invested RM 500k. they can share the cost by 50:25:25.
take note now is the golden time for victim to take action to safeguard the money as BNM just fined iserve last month and now MYAirlines got problems plus Allan whole family members were detained…it easier for police tondo investigation.
think from other angle, now i serve and my airline almost bankrupt and winding up stage. it prove that their ponzi biz model been failed. if they didn’t misconduct, BNM would not able to impose fine… don’t be surprise they would use dirty technique like govn against innocent Chinese biz man…
This post has been edited by Shining star: Oct 18 2023, 08:24 PM