British Investor, 10 Local Investors File Complaints With MACC Against Datuk For Scamming Them

KUALA LUMPUR, Oct 8 (Bernama) – A British investor along with 10 local investors lodged an official complaint with the Malaysian Anti-Corruption Commission (MACC) against a businessman with a Datuk title alleging they suffered losses of RM66 million through an investment scam.

MaPeR action group chairman Shah Abdul Malek said the complaint was lodged over an investment scam operating since 2018 through several ponzi companies, which he claimed had cheated hundreds of other victims with losses over RM300 million.

“Many victims have been deceived by agents of the businessman who impersonate employees of several banks offering retail investment schemes approved by the Securities Commission and guaranteed by insurance.