KUALA LUMPUR: The police will investigate investment scheme company MonSpace (M) Sdn Bhd now that police reports have been lodged against it, says Inspector-General of Police Khalid Abu Bakar.
“The police and Bank Negara are in the midst of collecting evidence for further action,” he told reporters at Bukit Aman this morning.
He was asked to comment on the 71 Chinese nationals who had lodged police reports against MonSpace at the Bukit Jalil police station yesterday, claiming they had been cheated of their life savings.
Khalid also reminded Malaysians not to invest in any scheme that promise returns of more than 16% annually.
“People should be wary of such schemes. It is not possible to make so much profit,” he said.
Yesterday, the 71 Chinese nationals claimed they were “victims” of MonSpace and its founder, Jessy Lai, and sought refunds of the money they had invested.
In their police reports, they claimed they had not received the 500% returns promised by Lai within a six-month period.
They had invested in MonSpace since November last year.
Earlier, they had 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 had come all the way from China to meet Lai, but their attempts had proven futile.