If it is too good to be true it most probably is.. Am not saying this is not a genuine scheme but it only cost rm 15 to make a company stamp and rm 2k to register a company. Office rent is also not expensive. If a company takes your money, pays it out to someone and later declares bankruptcy legal action is useless as legally they didn't do anything wrong.

I am just giving you examples on the many ways how it is possible to commit fraud. It's easy to forge documents, a website and a office. A lot of times in fraud the agent or the company committing the fraud will claim linkages to a proper company. Like recently Vincent Tan just lodge a police report as there have been a lot of people claiming he is backing some cryptocurrency investment.

You have to check things for yourself but currently with the low FD rates any commited return of 5% and above most probably has a chance of partial capital lost.

I am just giving you examples on the many ways how it is possible to commit fraud. It's easy to forge documents, a website and a office. A lot of times in fraud the agent or the company committing the fraud will claim linkages to a proper company. Like recently Vincent Tan just lodge a police report as there have been a lot of people claiming he is backing some cryptocurrency investment.

You have to check things for yourself but currently with the low FD rates any commited return of 5% and above most probably has a chance of partial capital lost.