KUALA LUMPUR: Hari Raya celebrations will be less joyful for housewife Norizan Abdul Hamid and 28 others who invested in a get-rich-quick scheme.
Norizan, 48, along with the other victims met in Desa Pandan yesterday to file a legal notice of demand against a company that took deposits from investors to venture into a car rental business.
The investors, who want a refund from the company, would also be submitting an appeal to Bank Negara to request for the return of their money.
It is believed the total investment made by the victims could run into millions of ringgit.
Legal action: Some of the investors like Norizan (inset) meeting in Desa Pandan, Kuala Lumpur, Sunday to file a legal notice of demand against the company that took deposits from investors to venture into a car rental business. Along with her husband, Norizan invested in a car rental scheme offered by the company that rents out cars to be used as limousines to ferry tourists.
Norizan said she paid a deposit of about RM15,000 out of her personal savings but declined to state how much money her husband invested.
However, she said he took out a bank loan.
Cars are rented out for RM3,300 each and a single car would bring in a dividend of RM250 each month.
“We feel the pinch, especially during this Hari Raya. I joined the scheme to supplement my husband’s income since I don’t work,” she said.
According to her, she had received a year’s worth of dividends before the company was raided by Bank Negara in October last year on suspicions of taking illegal deposits.
Another investor, who identified himself only as Kamal, said someone he trusted referred him to the scheme.
“I saw the money coming in and that convinced me to join,” he said, adding that he thought it would be all right as long as he received valid agreements.
“Don’t join these schemes” is his advice to those who are thinking of earning an easy income.
An office worker, who declined to be named, revealed that he took out a personal loan to pay for the deposit.
He was also referred to the scheme by a friend.
“When you are approached by people who promote schemes like this, make sure they are legal.
“Be aware of policies. People need to know that companies cannot take deposits. Only a corporative can take deposits,” he said.
“We are very angry with the company. The owner has been making many promises to refund our money but we have not received anything yet,” said Azizi Haris, who is the spokesman for the group of victims seeking a refund of their deposits.
“He has destroyed our hope, lives and hard-earned savings,” added Azizi.
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