'Hope more investors cheated by a businessman come forward to file reports', says Maper

Oct 8, 2025 - 06:51
'Hope more investors cheated by a businessman come forward to file reports', says Maper
Chairman of the MaPeR Action Group, Shah Abdul Malek.

KUALA LUMPUR: The victim of an investment scam involving a businessman with the title Datuk, involving losses of up to RM1 billion, is asking other investors who were deceived to come forward and file a report with the authorities.

The businessman involved is also currently under investigation by the Malaysian Anti-Corruption Commission (MACC) after being arrested through Op Fibre conducted by the Special Operations Division (BOK) on suspicion of being involved in money laundering worth approximately RM75 million.

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