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Report
NFA after RM6.7mil lost to coffee vending machine investment scheme
Free Malaysia Today
Follow
6/5/2025
Police advise victims, who have lodged 101 reports since January, to pursue civil action against the company.
Read More:
https://www.freemalaysiatoday.com/category/nation/2025/06/05/nfa-after-rm6-7mil-lost-to-coffee-vending-machine-investment-scheme
Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.
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Transcript
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00:00
Investigations into a coffee vending machine investment scheme that purportedly led to
00:06
investors losing some 6.7 million ringgit has been classified by prosecutors as requiring no
00:12
further action. Salangor Police Chief Hussein Omar Khan said 101 reports had been lodged over
00:18
the scheme from January to April, with complainants saying they lost a total of 6.7 million ringgit.
00:25
He said the victims were given detailed explanations and representations about the
00:28
investment scheme with the promise of high returns, Bernama reported. They then joined the
00:34
scheme and made payments to the bank accounts with which they were provided. Hussein said the
00:39
victims were unsure whether the investment was legitimate, adding that while they initially
00:43
received some returns, the payments gradually stopped. While the cases were probed for cheating
00:48
under Section 420 of the Penal Code, the Deputy Public Prosecutor's Office eventually decided that
00:54
no charges for fraud-related offences would be filed. Hussein advised the complainants to pursue
01:00
civil action, particularly to contest any breach of the agreement they had signed and to recover
01:05
their investments.
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