KUALA LUMPUR: An engineer lost RM1.195mil after falling victim to a gold investment scam. "The woman later took the opportunity to befriend the victim and a few days later invited him to join an online gold investment scheme with promises of lucrative returns,” he said in a statement on Wednesday (Feb 11). He said the victim initially invested RM3,000 into a company account before making 20 additional transactions to eight different company accounts, resulting in him losing a total of RM1.195mil. He advised the public to be cautious of any investment offers made by newly acquainted individuals on social media or messaging applications and to verify bank account numbers or company names via the CCID Semakmule Portal at semakmule.rmp.gov.my before carrying out any transactions. Another 10 scam reports each were linked to CVC Grow Star Sdn Bhd, CVCMax Building Sdn Bhd, CICC Vano Trading and AEP Global Enterprise Sdn Bhd.- Bernama

Source: The Star February 11, 2026 16:50 UTC