A total of 46 investigation papers have been opened in connection with the "SILEGX" investment scam, involving RM41.5mil in losses, says Commissioner Datuk Seri Ramli Mohamed Yoosuf.
The Bukit Aman Commercial Crime Investigation Department (CCID) director said the syndicate was active in promoting the crypto-based scheme on TikTok and Facebook.
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The Bukit Aman Commercial Crime Investigation Department (CCID) director said the syndicate was active in promoting the crypto-based scheme on TikTok and Facebook.
Read more at https://tinyurl.com/ywdv43rv
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
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NewsTranscript
00:00On 17 March 2025, a police report was made by a 71-year-old man who is a government official
00:11related to the SILES GX investment scheme.
00:14According to the complainant, in November 2024, he saw an advertisement related to crypto investment
00:21through a Facebook application.
00:24The complainant was interested in the advertisement and contacted the WhatsApp number displayed.
00:29The complainant was then added to the WhatsApp group, Outstanding Elite Major Team,
00:35and was explained about crypto investment and stock investment,
00:40which can be done using the SILESGX.com platform.
00:45It is said that this platform will allow the complainant to gain profits in a short period of time.
00:53The complainant then registered an account on the platform and made 42 money transfer transactions
01:00to 8 bank accounts under different company names.
01:04The total amount of money transferred is estimated to exceed Rp 5 million.
01:11At the beginning of March 2025, the complainant was informed that the SILESGX platform had a problem
01:18and the investor was asked to withdraw money from the account or face the risk of being frozen.
01:26At that time, the complainant found that his investment had generated profits
01:30up to USD 205,463,456, equal to Rp 1 billion.
01:46However, when the complainant wanted to withdraw money from the account,
01:49the complainant was instructed to pay a URAN process fee of USD 230,000.
01:58The complainant began to doubt the validity of the investment scheme.
02:02The case is now being investigated under Section 420 of the Criminal Code.
02:08For the record, so far, a total of 46 investigations have been opened
02:13related to the SILESGX investment scheme,
02:16involving a total loss of Rp 41,593,871.
02:26The group of complainants is the most numerous so far,
02:30with 15 people, followed by 12 businessmen,
02:353 teachers, 2 lecturers, 1 bank employee, 1 accountant, 1 doctor, 1 housekeeper,
02:44and 10 private employees of various professions.
02:47A total of 39 bank accounts have been identified
02:51and used by this investment scheme to receive money from the victims.
02:5637 bank accounts have been registered under the name of the company
03:01and 2 bank accounts under the name of the business.
03:04Mr. Atok Sri, regarding the SILESGX case,
03:09you said that the bank account was registered under the name of the company.
03:15Yes.
03:16Has the bank account been frozen?
03:20Yes, it will be frozen during our investigation.
03:24But I think, as we speak, there are still people who are active in this trading.
03:31That's why they come in groups.
03:33Our goal is to spread this through the media
03:36so that the victims can take the appropriate action to avoid losing money.
03:43Mr. Sri, are there still people on the platform?
03:46I mean, do you think they are still active?
03:49This I have to check.
03:50Sometimes, because they say they have a problem and so on, the platform is closed.
03:54And maybe the person who contacted them personally said that they have a problem with the authorities
04:01and they have to be relocated.