KUALA LUMPUR - TWO friends who thought they could profit through an online business by buying cheap PlayStations and selling them at retail price were instead cheated.

Chay Jing Fei and Loh Chee Yuen both 24, spotted a newspaper advertisement by a Mr Liew who was selling the play stations for only RM350 (S$145) per unit. The market price for such machines range between RM600 and RM700.

'When I called Liew, he said it was a stock clearance sale which was why the units were cheap,' said Mr Chay during a press conference at the MCA Public Services and Complaints Department.

Mr Chay said the man claimed that there were other benefits, including free delivery and 8GB memory cards priced at RM50.

He ordered 40 units of the machine and five 8GB memory cards, including 10 units for Loh.

'Liew also said that for every 10 units we would get one unit free,' added Mr Chay, who on Feb 20 banked in RM14,750 into Liew's account. Liew, who promised to deliver the items by 5pm, did not turn up.

After efforts to contact Liew failed, the two lodged a report at the Ampang police station.

Mr Chay added that Liew had called him on March 2 asking him to settle the balance of RM7,000 failing which he would take legal action.

'When I told Liew that I had already made a police report, he said I won't be able to harm him ' Mr Chay said. -- THE STAR/ANN