KUALA LUMPUR: A group of investors are calling on the Securities Commission (SC) to investigate several companies for allegedly cheating them of their life savings through investment scams.
Retired government servant Harun Mohd Yunos, 63, said he was approached by an “investment agent” in October 2021.
Meanwhile, another investor who declined to be named said she was approached by her sister to invest. "I even quit my job because I believed the investment returns would be enough to sustain us," she said in between sobs, adding that she invested close to RM100,000 and only received returns for one month before the company just vanished."I really hope the relevant agencies help us and try to get back our hard-earned money," she said.
He said they were lured into putting their money into supposed trust funds, shares, and sukuk, among others."Many of the victims here have retired and have lost all their savings," he said, adding that they believe hundreds of millions of ringgit have been lost to the fraudulent company so far.
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