Report: Bank Negara denies running investment scheme on Telegram


BNM has also posted an announcement urging others to beware of scammers misusing its name and logo to offer fraudulent investment schemes on Telegram. — AZHAR MAHFOF/The Star

PETALING JAYA: Bank Negara Malaysia (BNM) has denied running an investment scheme through a group on Telegram.

According to a local news report, a group on Telegram is allegedly using the central bank’s name and claiming that members who start investing with them from as little as RM500 can see returns of up to RM17,000 within three to six hours.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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

Next In Tech News

Amazon pays Italy 180 million euros to end tax, labour probe, sources say
Meta’s Zuckerberg plans deep cuts�for metaverse efforts
Tech tracking to tackle human-wildlife conflict in Zimbabwe
Like fancy Japanese toilets? You’ll love the sound of this.
Facebook 'supreme court' admits 'frustrations' in five years of work
Russia restricts FaceTime, its latest step in controlling online communications
Studies: AI chatbots can influence voters
LG Elec says Microsoft and LG affiliates pursuing cooperation on data centres
Apple appoints Meta's Newstead as general counsel amid executive changes
AI's rise stirs excitement, sparks job worries

Others Also Read