Beware of clone financial planning firm scam, says FPAM

KUALA LUMPUR: The Financial Planning Association of Malaysia (FPAM) has advised the public to be wary of dubious investment schemes that use the name of legitimate financial planning firms.

In a statement today, FPAM warned that scammers would use financial planning companies' key names on bogus companies to confuse the public and add them to social media chat groups while pretending to represent legitimate financial planning firms.