Bukit Aman probes two investment schemes behind almost RM1mil in losses

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KUALA LUMPUR: Two investment schemes, which have resulted in almost a million ringgit worth of losses are being investigated.

Bukit Aman Commercial Crime Investigation Department director Comm Datuk Mohd Kamarudin Md din said 38 investigation papers have been opened on Al Kahtifah Trust, involving RM468,870 in losses while 28 investigation papers were opened for Madinah Mining, which have incurred RM343,282 in losses."The package offered is as low as RM500, with 100% returns within one to two days," he said in a statement on Thursday .

In order to convince investors, the schemes were said to be Syariah compliant and had the approval of Bank Negara Malaysia, Comm Kamarudin said."The public should do thorough checks before investigating on any schemes to avoid being duped by investment scams. "Check with verified sources such as SemakMule, Alert List Bank Negara Malaysia and Securities Commission before deciding to invest," he said.

 

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