This is not a formal company but a descriptive title adopted by numerous illicit operations, primarily on social media platforms like Facebook and WhatsApp. These entities target individuals in Malaysia by promising quick and easy personal loans or investment opportunities. Their typical modus operandi involves advance-fee fraud, where they require victims to pay an upfront "processing fee," "insurance," or "deposit" to secure a loan that never materializes. Once the payment is made, the operators become uncontactable. Malaysian authorities, including the Royal Malaysia Police (PDRM) and Bank Negara Malaysia (BNM), have issued numerous public warnings about such schemes.

Founded in

Malaysia