Villagers cheated out of nearly $5 million

Sen David / Khmer Times No Comments Share:
Villagers gather at the police station. Supplied

More than 200 villagers in Tbong Khum province’s Ponhea Kraek district yesterday filed a complaint with police against a woman who allegedly cheated them out of nearly $5 million.

Orm Monyvann, Ponhea Krek district police chief, said villagers from Kok commune were duped by a woman identified as An Theary, 29, who promised them 10 percent monthly returns on their deposits but failed to pay.

Mr Monyvann noted that Ms Theary had gone missing and police were looking for her.

He said that several villagers borrowed money from a bank to deposit with the suspect, with some dishing out up to $30,000.

“More than 200 villagers came to complain. We found out they were all cheated out of nearly $5 million,” he said. “They should not have believed this woman, no one actually pays 10 percent monthly returns on deposits.”

Sou Srey, a villager who was cheated, said she first began depositing money with the woman in August, but did not receive her dues.

“We gave money to her since August. I did not get any interest from her like she promised,” she said. “We thought we’d give her a few months to pay up, but she never did; that’s when we realised we had been cheated and came to the police.”

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