KUALA LUMPUR, Oct 9 — A British investor, along with 10 local students, 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 stated that the complaint was lodged regarding an investment scam that has been operating since 2018 through several Ponzi companies, which he claimed had cheated hundreds of other victims, resulting in losses exceeding 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.
“Others have been cheated by several businessmen with Tan Sri titles linked to the board of directors and main shareholders of the companies,” he said during a press conference yesterday, which was also attended by the 10 alleged victims.
Shah also thanked the MACC for their investigation, as the businessman has been remanded since July and assets worth RM620 million were seized, but voiced concerns over several companies related to the activity that were in a winding-up process.
Meanwhile, British investor Lee Rodger Meiklejohn said he became a victim after investing £10 million (RM60 million) through a broker in Edinburgh, Scotland, between October 2010 and April 2011, who introduced him to the businessman.
He added that he filed a police report on November 6, 2023.
