Moomoo Malaysia condemns misuse of its name by scammers

PETALING JAYA: Online trading platform Moomoo Malaysia has condemned the misuse of its name and brand by online scammers.

In a statement, Moomoo Malaysia acknowledged a recent incident involving a 57-year-old engineer who lost RM275,000 to an online investment scam falsely using the name "Moomoo".

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Moomoo Malaysia , Online Scam , Brand Misuse , Investment Fraud , Securities Commission , Public Safety , Scam Awareness , Trusted Brands , Online Trading , Financial Security

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