Lee Chong Wei condemned recent rumours about him promoting a get rich scheme and threatened to take legal action against any parties spreading these lies.

A website recently posted a headline that read ‘Special Report: Lee Chong Wei’s Latest Investment Has Experts in Awe and Big Banks Terrified’.

The website also claimed that its 'special report' was seen by some of the country’s prominent news portals.

The former world number one was livid with the accusations and issued a statement denying the claims.

“I will not hesitate to take legal action against those who maliciously used my name and spread false lies on the Internet. I understand that the current pandemic is taking a toll on everyone, and many sought short-cuts to gain that financial edge.

“But please open your eyes, widen your mind while doing that. The best is to put your foot on the ground, work hard for it. I am an athlete, dedication and hardwork are my known secret.

“As for those trying to take advantage of the situation, spreading lies and cheating hard earned money of innocent people, karma is a boomerang. What goes around comes around,” he said.

News publication The Star, in its report, had denied any affiliation to the publication.