Selangor: A manager of a private company suffered a staggering loss of RM6.1 million after falling victim to a non-existent investment scam known as the K-33 Investor Club.

According to BERNAMA News Agency, Selangor police chief Datuk Hussein Omar Khan stated that the 64-year-old victim encountered the fraudulent investment offer via an advertisement on Facebook. This led him to engage with an individual claiming to be Raymond Goh, who presented himself as a trainer for the investment group.

The victim was introduced to the investment opportunity and subsequently added to a WhatsApp group, where he engaged in investment activities for approximately two weeks. During this period, the victim was instructed by Raymond Goh to register as a new investor on the ‘Digzax.com’ platform. Following instructions, the victim made nine transactions amounting to RM6.1 million, which were deposited into five separate bank accounts.

After the transactions were completed, the victim observed that his supposed profits were listed at RM28.9 million on the platform. However, when he attempted to withdraw these profits, he was informed that he needed to pay various taxes to access the funds. This demand led him to the realization that he had been deceived.

Datuk Hussein Omar Khan warned the public to exercise caution with investment schemes found on social media, especially those promising unrealistic returns. He emphasized the importance of verifying the legitimacy of investment platforms and ensuring they are approved by Bank Negara Malaysia (BNM) or the Securities Commission Malaysia (SC).