KUALA LUMPUR: Bank Negara Malaysia has added IPG Capital and Spot Gold Scheme to its Financial Consumer Alert list.
It announced these two companies and the websites were among the latest list of 418 companies which were neither authorised nor approved under the relevant laws and regulations administered by the central bank.
Bank Negara said the list was not exhaustive and only serves as a guide to members of the public based on information and queries received.
Based on its website, IPG Capital’s tagline is “Dream Future together with IPG Capital”. Its marketing headquarters is in Johor.
It stated that its land owned at Pengerang, Johore saw the price surge from RM24/psf surged to RM120/psf.
It also showcases its products on the websites which are missaty.asia and 73mall.asia.
There is no website for Spot Gold Scheme.
For Bank Negara's list, click here: http://www.bnm.gov.my/documents/2018/FCA_20180425_EN.pdf
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