Yesterday , a group of investors claimed they had been scammed of RM43 million after receiving nothing from investing in a waterpark in Langkawi. Well, the waterpark owner recently came forward to deny the claims and clarify what had actually happened.The victims recently held a press conference through DAP's Public Services and Complaints Department. Reportedly, there are actually 500 investors, yet only 312 people deigned to report the issue.
One of the investors added the group had supposedly discovered that the investment had not been approved, nor had it obtained a Certificate Of Completion And Compliance from the local government. They also claimed the waterpark company missed submitting a financial report in July 2022 and has been ignoring their inquiries.After hearing about the complaints, waterpark owner Mr. Fu was allegedly left bewildered. 'If I were a fraudster,' he reportedly told China Press.
They were supposedly able to resume operations after friends helped pay off the pending bills, but as of now, the park is allegedly yet to make a profit. 'I didn't say that I won't give you a return. It's just that I haven't made a profit yet. If you look at my account, you will see for yourselves that there is no money at all,' he said.Mr.
Source: News Formal (newsformal.com)
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