Don't easily trust investment offers on social media, says CCID director

  • 3 months ago
The public is reminded not to easily trust investment offers on social media that seem too good to be true or are more attractive in appearance than reality, says Datuk Seri Ramli Mohamed Yoosuf.

Speaking at a weekly press conference on Thursday (July 25), the Bukit Aman Commercial Crime Investigation Department (CCID) Director highlighted that many investment schemes, particularly those on the Telegram social media platform, are scams.

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00:00YB Fahmy, he said that the crime in Talian is very worrying, can you comment on that from the side of the police?
00:07Yes, it's true. I agree with YB Fahmy.
00:13Because we see in the trend of crimes in Talian,
00:18involving scams, which we often show,
00:22the loss over the years is getting higher.
00:27As I often read in my PCBs,
00:30the trend is getting higher and the loss is getting bigger.
00:35Especially for the big ones, there's a lot of e-commerce.
00:39But what I often emphasize is,
00:41for the people out there, please help yourselves,
00:47and help all of us,
00:49so that you don't believe in any offers or investments through social media.
00:56I've emphasized this many times,
00:59sounding like a broken record,
01:02I've emphasized this many times,
01:04especially in the Telegram group.
01:08If we look at it, there are tens, even hundreds,
01:12because they can call anyone.
01:15So, all those who are interested in this Telegram group,
01:22there are also many who are empowered,
01:25and then they make investments that end up causing losses.
01:30All of these investments are fraud.
01:34That's what I can say.
01:36All of the investments offered in Telegram are fraud.
01:52All of the investments offered in Telegram are fraud.
01:58All of the investments offered in Telegram are fraud.
02:04All of the investments offered in Telegram are fraud.
02:11All of the investments offered in Telegram are fraud.

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