KUCHING, March 3: The police through the Commercial Crime Investigation Department (CCID) are investigating an online investment scheme called “Sencapital” following 42 reports involving total losses of RM6,718,395.70.
Bukit Aman police secretary DCP Dato Noorsiah Mohd Saaduddin said based on the investigation, the scheme was believed to be active since the end of 2022 by offering an investment scheme based on the purchase of shares.
“Interested investors would be added into a WhatsApp chat group called ‘JP Morgan Business School’ and asked to register and purchase shares offered through a website at http://sencapital.xyz. For payment purposes, investors are asked to transfer money to several different company accounts.
“However, starting from February 2023, the website was no longer active and the investors were unable to withdraw the money that had been invested,” she said in a statement issued yesterday.
The case is being investigated under Section 420 of the Penal Code for cheating.
Noorsiah further urged any individuals who may have become a victim of the alleged syndicate to come forward and file a report at any nearby police stations.
The police also advised the public to remain vigilant and conduct thorough checks before signing up for any investment or savings schemes that promise large returns.
The public can also obtain further details from official sources such as the “Semak Mule” online app, Bank Negara Malaysia’s Alert List and Securities Commission (SC) before joining such schemes. – DayakDaily
