Around 30 individuals, mostly retirees, claimed they suffered losses of about RM1.25 mil ringgit after being cheated by a company that had been red-flagged by Bank Negara Malaysia over its investment scheme last June.

OG1 Asean, a mobile phone application developed by Kilauan Padu Services, supposedly allows users to save up to 61% on mobile prepaid reloads and household bill payments while offering 100% to 130% profit based on investments of between RM500 and RM20,000.