Melaka police bust fake investment scam run by Chinese nationals

Police have busted a fake investment scam run by four Chinese nationals operating out of an apartment in Taman Kota Laksamana. The syndicate was uncovered during a raid carried out last Tuesday.

According to state police chief Datuk Dzulkhairi Mukhtar, the apartment had been functioning as a call centre since October, targeting Chinese nationals with bogus investment schemes. Victims were lured through a mobile application that promoted investments which, in reality, did not exist.

During the raid, police seized various items believed to have been used in the scam, including a laptop and six mobile phones, with the total value estimated at around RM10,000.

The four suspects, aged between 28 and 32, have been remanded for four days to assist with investigations. They are being probed under Section 420 of the Penal Code for cheating, as well as relevant provisions under the Immigration Act.

Dzulkhairi reminded the public to be extremely cautious of investment offers that promise quick or guaranteed profits, noting that such claims are often a red flag for fraud.

Authorities also stressed the importance of acting swiftly at the first sign of a scam. In today‘s digital environment, delays can be costly. Staying alert and pausing to verify information can help protect one’s savings, while rushing into “too good to be true” opportunities can result in total financial loss.