Malaysia Securities Commission Investor Alert List
Last modified on 28th September, 2007
The Malaysia securities commission (SC) or Suruhanjaya Sekuriti is a body set up to regulate and develop the Malaysian capital market.
If you are an investor in an Internet investment scheme, you can refer to an alert list from their website to check whether the scheme your are involved with is authorized nor approved under the Malaysian securities laws.
The following list of websites is conducting Internet investment schemes by illegally taking deposit, an offence under Malaysian law. I’ve reproduced the current list for reference, latest list available here.
The SC has the authority to freeze bank accounts belong to any of the schemes if they are located in Malaysia . SC is working closely with the National ICT Security and Emergency Response Center (NISER) to enforce the regulations.
The the list is by no means complete. I believe there are many other websites that are still being investigated.
This list will be updated from time to time to conform with the orginal list from SC website. Feel free to let me know if you think the list is outdated.
Swiss Mutual Fund or Swiss Cash, and others are basically a well-disguised ponzi scheme to those who do not know better. Learn more about ponzi scheme here.