Ummm talk so many acts to be complied.
Some of their commission agent also told their customer that they are PIDM approved.

But PIDM didn’t listed them
https://www.pidm.gov.my/en/for-public/depos...s/member-banks/

So who telling lie? Company or agent?

Even some greedy agent can argue this UBb is kind of trustee and able to pay higher return than FD.
But people deposit to you is kind of trust and their hard earned deposits. In case some thing happens, customer would not able to get refund.

I don’t say this is money game, but any investment return higher than normal rate. Then invest on your risk.

No agent didn’t tell. And keep telling they are saved and regulated.

Fortunately We survey our self..

All investor should be survey before made any investment.
Because in case anything happens. Agent will not care.