SC fines ex-unit trust consultant RM687,500 over investment fraud


KUALA LUMPUR: The Securities Commission Malaysia (SC) has reprimanded and fined Amran Mohd Amin RM687,500 for three breaches of securities laws.

According to the SC, Amran misappropriated RM215,000 from four prospective investors between January 2022 and January 2023.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

GLICS deploy RM1.4bil to elevate Malaysia's semiconductor value chain
KWAP’s Dana Pemacu invests RM51mil to develop local one-stop nutraceutical products supplier, brand owner
Jelawang Capital, Dana Perintis channel RM588mil into Malaysian startups in 2025
Cambodia to build first large-scale dairy farm in US$68mil Pursat project
Dollar set for weekly gain as traders eye Iran talks, US jobs data
Oil rises on concerns over Strait of Hormuz reopening plans
Southeast Asian palm harvesting disrupted by rising cost of diesel, supply crunch
Singapore banks ride Asia's wealth boom to weather rates headwind
China taps into deep-sea wind power
Philippines Q2 GDP grows 2.3% yr/yr, slower than expected�

Others Also Read