Seventeen suspects have been detained for alleged involvement in an investment scam misusing the name of a legitimate investment company.
Bukit Aman Commercial Crime Investigation Department (CCID) director Comm Datuk Seri Ramli Mohamed Yoosuf said the suspects, aged between 23 and 52, were detained in the city recently in connection with the so-called "Pantheon Ventures" scam.
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Bukit Aman Commercial Crime Investigation Department (CCID) director Comm Datuk Seri Ramli Mohamed Yoosuf said the suspects, aged between 23 and 52, were detained in the city recently in connection with the so-called "Pantheon Ventures" scam.
Read more at https://shorturl.at/DOYkZ
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
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NewsTranscript
00:00The third segment is related to the achievements of JSJK during the week of study.
00:07The first is the arrest of the Pantheon Ventures investment fraud syndicate.
00:12This is always there.
00:14Since January 2024, JSJK PDRM has opened 66 investment fraud schemes
00:24known as Pantheon Ventures.
00:28The number of losses recorded so far is 32,972,448.15.
00:42Look at that, 33 million losses.
00:46A total of 20 bank accounts involving 7 companies, 12 businesses,
00:53and 1 individual account has been used by this fraud syndicate.
01:00Look at that, 7 companies and 12 businesses.
01:03Only 1 individual account.
01:07Based on the investigation, this syndicate is fully operational,
01:12and uses the name of the world's leading investment company,
01:16namely Pantheon Ventures, to protect the victims.
01:20It's a duplicate.
01:22For your information, Pantheon Ventures is a legitimate investment company
01:27based in the United Kingdom, and has been established since 1982.
01:34However, this company has nothing to do with any Pantheon Ventures investment schemes
01:41offered by this fraud syndicate.
01:44Please understand.
01:48This fraud syndicate uses Facebook and WhatsApp
01:52as a medium of advertising and communication with the victims.
01:56Investment promotion ads are made through Facebook
02:00by applying the Facebook algorithm system
02:06to achieve optimal results.
02:09The profit offered is around 6% to 400% per day
02:17depending on the package offered.
02:20The victims are also assured that their investment is guaranteed
02:25with the guidance of Cefu Trader,
02:30who is an expert in capital market analysis.
02:35For the purpose of investment, the victims are instructed
02:38to deposit money to certain accounts
02:42on behalf of the company or individual
02:45and download the APEX, APEX and NEEQ applications
02:52through the App Store and Google Store.
02:55However, the victims do not receive the profits as promised.
03:01Through several surveys carried out throughout Malaysia so far,
03:0517 individuals suspected of having anything to do with this syndicate
03:10have been identified.
03:12These individuals include 16 men and one woman,
03:17aged between 23 and 52 years old.
03:21They are believed to be the directors of the company,
03:24co-founders of the company,
03:26and agents looking for fraud accounts for this syndicate.
03:3013 mobile phones have been confiscated,
03:33as well as a computer, 6 ATMs,
03:37two sets of documents,
03:39a company registration,
03:40a company chop unit,
03:43and a set of bank accounts.
03:45The case is currently being investigated under Section 420 KK.
03:50In addition,
03:52this is also important,
03:54the investigation team is also trying to identify
03:587 more individuals
04:01to assist in the investigation
04:05of this Pantheon Ventures fraud case.
04:09Also, the JSJK wants to emphasize
04:12that all the so-called offers
04:18for IPOs or foreign investment
04:22that are circulated through social media
04:26are a form of fraud.
04:29Please register.
04:30I asked you to close your left ear.
04:32That is the purpose.
04:33So that it can enter and be processed in our brain,
04:36in our veins,
04:38that this is a form of fraud.
04:41Nothing is right except fraud.
04:44Please.
04:47Whether it is offered through Facebook or Telegram,
04:51it is a form of fraud.
04:53I stress this.
04:55So don't fool yourself.
04:58Please don't fool yourself.
05:03There is only regret and financial loss,
05:07which is mostly a lifetime savings,
05:10which can be easily lived,
05:13with whatever remaining age,
05:16but at the age of 60-70,
05:19it will only be compensated with regret,
05:21until it leads to the end of life.
05:24Please remember that.