JOHOR BARU: Police here are on the hunt for a woman with a fake "Datuk Seri" title for claiming to have received a Letter of Undertaking (LoU) from Tunku Mahkota Johor Tunku ？smail Ibni Sultan Ibrahim to conduct currency exchange here.

       Johor police chief Comm Datuk Ayob Khan Mydin Pitchay (pic) said that the police received a report on the matter from the Royal Press Office at about 7pm on Thursday (Oct 7).

       "The woman had claimed to have an LoU from Tunku Ismail to conduct financial exchange from US dollars to Malaysian ringgit, which is fake.

       "She also claimed to have been given the consent to convert between US$200bil to US$5tril into ringgit, under a local bank account which is registered to a local man," he said in a statement here Friday (Oct 8).

       He added that a background check on the woman through the Bahagian Istiadat dan Urusetia Persidangan Antarabangsa (Biupa) website at www.istiadat.gov.my revealed that the suspect was not on the list.

       "She is also a suspect for a fraud case involving a foreign bank back in 2011.

       "Our investigations also revealed that she is working with another man who works as a lawyer and acted as the proxy," he said, adding that investigations are still ongoing to find out the relationships between the trio.

       The case is investigated under Section 420 of the Penal Code for cheating which carries a maximum imprisonment of 10 years, whipping and can be fined, upon conviction.