KUALA LUMPUR: Over 70 Chinese nationals today lodged police reports at the Bukit Jalil police station against an investment scheme operated by MonSpace (M) Sdn Bhd, claiming they had been cheated of their life savings.
The Chinese claimed they were “victims” of MonSpace and its founder, Jessy Lai, and sought refunds of the money they had invested.
In the police reports, they claimed they did not receive the 500% returns promised by Lai within a six-month period. They had invested in MonSpace from November last year.
The 71 people had earlier gone to the MonSpace office in Bukit Jalil, demanding to meet Lai and get their refunds.
They said they had invested 10,000-100,000 renminbi (RM6,260-RM62,600) in MonSpace.
They told reporters they came all the way from China to meet Lai but their attempts to meet her had proved futile.
Selangor DAP committee member Ronnie Liu and lawyer Shahrul Nizam Azwir accompanied the Chinese nationals who confronted a MonSpace representative to demand their money back.
The representative told the investors to write down their particulars, such as their names and details of their investment accounts, if they wished to withdraw money from MonSpace.
This irked the investors because they could not meet Lai to demand their money.
They tried to storm into the MonSpace office, believing Lai was inside. But Liu, who is former Pandamaran assemblyman, stopped them.
Liu addressed the crowd and told the investors it was better for them to lodge police reports and demand investigations.
“We want the government to take action against Lai and her company as we do not wish to see more people fall victim to this investment scheme,” Liu told reporters.
Liu also said he and Segambut MP Lim Lip Eng would bring the victims to file their complaints on MonSpace’s alleged scam to Bank Negara Malaysia (BNM) and the domestic trade, cooperatives and consumerism ministry (KPDNKK) tomorrow.
Last month, both Liu and Lim took 19 mainland Chinese victims to MonSpace’s office, also demanding that the company return their money invested.
The group of 19 had lodged police reports at the Dang Wangi police station, claiming they were misled into placing their money in the investment scheme.
Lai, who was present that day (May 24), held a press conference and rebutted claims by Lim that she was involved in illegal investment schemes.
When contacted, a MonSpace management representative, Decker Yap, said the company refused the 71 investors entry into their office today as they were acting aggressively.
“If they have problems, then they should bring it to the company.
“Of course, we did not allow so many people in as they were acting like gangsters,” he said in response to the 71 people wanting to storm MonSpace’s office.
MonSpace was listed in BNM’s Financial Consumer Alert list, updated on May 22.
BNM said the list consisted of companies and websites which are neither authorised nor approved under the relevant laws and regulations administered by it.
* Ivy Chong contributed to this article.