Securities Commission Malaysia building at Kuala Lumpur.
KUALA LUMPUR: The Securities Commission (SC) has cautioned the public on fake letters and emails purportedly from the SC.
“These fraudulent letters and emails are allegedly linked to illegal investment schemes seeking payments from investors, supposedly on behalf of the SC.
“There are also claims by the fraudsters impersonating as SC to scam victims that they would be able to recover their losses for a ‘fee’,” SC said in a statement.
The SC would like to state that these are false representations, it added.
As a regulatory body, the SC does not endorse any investment schemes or solicit monies from the public in such capacity.
The regulator has taken immediate steps, including lodging a police report over the matter. Where applicable, it has added the involved entities to its Investor Alert List at https://www.sc.com.my/investor-alert-list
The SC would like to urge public to be cautious and to verify any investment offers through the SC’s Investment Checker at www.sc.com.my/investment-checker.
