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 Zuttelo 8Liga Scammer Malaysia, Investment scam victims lost over RM3Bil

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SUSBoomwick
post Dec 7 2022, 07:59 AM

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QUOTE(kcchong2000 @ Dec 7 2022, 07:56 AM)
This. Kerja clerk also kena 400k scam..dunno mana dapat lui tu..
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Normal work probably susah..
Inherited and no sense of money matters thinking.. high chance
blah2blah
post Dec 7 2022, 09:44 AM

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QUOTE(Boomwick @ Dec 6 2022, 09:56 PM)
Actually msia betul alot of rich people

Here 3b

Another tered is 7m..

I am just wondering

All these are inherited money? Like inherited land, and they sell and put in bank?
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I have to agree with you. Msia memang got alot of hidden rich people. When they say economy in Msia not good etc, yet every month and year confirm got record high sales of cars and phones/gadgets.

Those big company advertising keep advertise here, means they're positive of our consumer that will buy their stuff. While poorfag like me work like cow/dog also can't even save money.
JimbeamofNRT
post Dec 7 2022, 09:47 AM

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QUOTE(devilblood123 @ Dec 5 2022, 09:51 PM)
Omg 3 billion, what is the company business model that people dare to sink such large amount in?
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SUSticke
post Dec 7 2022, 11:57 AM

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untuk la scammer. hiding in china/thailand now?
Lucas0323
post Dec 7 2022, 01:34 PM

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Best part is alot know is a scam bt willing to take the risk. Greedisgood.
poco loco
post Dec 7 2022, 05:29 PM

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QUOTE(JimbeamofNRT @ Dec 7 2022, 09:47 AM)

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jangan jerit jerit la dey
GalaxyV
post Dec 8 2022, 03:54 AM

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QUOTE(wasime @ Dec 6 2022, 10:26 PM)
i asked people to join my biz nobody interested but this easy scam money all people flock in knnccb
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this is typical behaviour of people.


QUOTE(degraw19 @ Dec 6 2022, 11:50 PM)
im curious how are these people finding and knowing that zutello platform thingy is legible? is it bcs someone made big profit from the investment then spread out by giving review?
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spread from 1 > 10 > 100 > 1000 lol
jimmyktp
post Dec 8 2022, 07:23 AM

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QUOTE(arubin @ Dec 6 2022, 11:42 PM)
Some older folks not as tech savvy.

Go ask your atuk see know how to even look this list up or not:
https://www.bnm.gov.my/financial-consumer-alert-list
https://www.sc.com.my/regulation/enforcemen...stor-alert-list

And Zuttelo is on neither. Imagine that. Even harder to check if its a scam.

But of course lar at that age, you should also know that no such thing as money fall from sky. Any investment got consistent crazy high returns, definitely a scam. How you manage to save up money until old age if you didn't know this?
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This is a problem with regulators. Instead of updating the scam company list, why not list registered firms list? Like how UK FCA list..

# led display panel
post Dec 8 2022, 09:24 PM

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Dec 8 2022, 09:26 PM
This post has been deleted by Kevin Ashton because: duplicate

TSKevin Ashton
post Dec 8 2022, 09:27 PM

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220 laporan skim penipuan pelaburan Zuttelo, kerugian lebih RM84 juta

Datuk Noorsiah Mohd Saaduddin berkata, PDRM menerusi Jabatan Siasatan Jenayah Komersial sedang menyiasat sindiket berkenaan yang dikesan aktif menjalankan kegiatan penipuan itu di seluruh negara sejak dua tahun lepas. - Gambar fail Astro AWANI
KUALA LUMPUR: Polis Diraja Malaysia (PDRM) menerima 220 laporan berhubung skim penipuan Zuttelo melibatkan kerugian keseluruhan berjumlah RM84,579,831.76 sejak Ogos lepas.
Setiausaha Polis Malaysia, Datuk Noorsiah Mohd Saaduddin berkata, pihaknya menerusi Jabatan Siasatan Jenayah Komersial (JSJK) sedang menyiasat sindiket berkenaan yang dikesan aktif menjalankan kegiatan penipuan itu di seluruh negara sejak dua tahun lepas.



https://www.astroawani.com/berita-malaysia/...m84-juta-395736

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tohff7
post Dec 8 2022, 09:30 PM

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no matter how many warnings or PSA government do also cannot cure stupidity

16.8% return a month lmao

Few years ago already got big scammer like JJPTR in the news liao. Still got ppl get scammed by similar shit

Cannot brain
TSKevin Ashton
post Dec 13 2022, 01:54 PM

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220 reports over investment scam involving RM84mil in losses

https://www.freemalaysiatoday.com/category/...4mil-in-losses/


Manuk1188
post Dec 13 2022, 02:06 PM

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-oops-

This post has been edited by Manuk1188: Dec 13 2022, 02:28 PM
alanyuppie
post Dec 13 2022, 02:13 PM

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QUOTE(Manuk1188 @ Dec 13 2022, 03:06 PM)
Question
1. 10,000 kena scam RM 3BIllion woh ~
    How do the BNM detect, average a person is RM 3MIllion le to cash into this ? no suspicious ? can direct flow the money out ? digital ? but ini transfer biasa la
    X not house, thus no grant
    X not items, thus no receipt or evidence of item itself
    X not services, thus no big name such as Insurance Policy or Something else Investor but related to BANK or Insurance
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hmm..... 3 billion / 10k = 300k


TSKevin Ashton
post Dec 15 2022, 01:44 PM

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According to thestar, official website

SOLARIS ZUTTELO SCAM

KUALA LUMPUR: Call it Zuttelo or Solaris– it’s still an online investment scam, one that has become a bane to society and must be wiped out.

So says Malaysia International Humanitarian Organisation chairman Datuk Hishamuddin Hashim.

“We estimate that this latest online investment scheme syndicate known as Zuttelo has caused over 10,000 victims to lose at least RM3bil,” he said, adding that most of the victims were Chinese.

“We believe the syndicate now goes by the name Solaris and is targeting Malays and Indians,” he said.

“The victims are losing their life savings to these unscrupulous groups that prey on the elderly and those who are not technologically savvy,” he told reporters at the Sentul police headquarters.

He was representing over 180 victims in lodging police reports over the scam syndicate.

“We urge the police to take stern and swift action against this online scam syndicate,” he said, adding that the syndicate has since shut down activities under the Zuttelo name and switched its name to Solaris.

“We urge the government to take stern action and use the Security Offences (Special Measures) Act as well as the Prevention of Crime Act on syndicate members,” he said.

Hishamuddin said such investment scam syndicates were more damaging to society than even drug syndicates.

“Most of the victims were attracted by the offer of high returns, and most were in difficulties during the MCO.

“Our checks show that victims invested between RM50,000 and RM4mil per person.

“The investors were given an account in order to carry out investment transactions on the platform, and they were given capital in the form of cryptocurrency according to the investment amount.

“All investment transactions were carried out using the cryptocurrency,” he said.

He said the syndicate case had been investigated by the police, but that did not stop them from continuing to cheat people into taking part in the “investment package”.

“Today, 180 victims have come forward to make reports. We estimate that there are thousands of victims.

“Many of the victims were older Chinese folk. Some withdrew their savings from the Employees Provident Fund (EPF), while some also borrowed money from loan sharks to participate in this fake investment scheme known as Zuttelo.

Hishamuddin urged others who had been duped by Zuttelo or other scam syndicates to contact the MHO hotline at 014-994 6697.

Malaysia Community Crime Care (MCCC) president Tan Sri Musa Hassan said the police must take action against the syndicate itself as well as prevent victims from being duped.

“Those interested in taking part in investment schemes should conduct checks with the police and Bank Negara Malaysia first,” he said.

https://www.thestar.com.my/news/nation/2022...cam-is-still-on

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