 |
Enforcement Milestones | |
Enforcement Actions | |
Press Releases | |
Investor Alerts |
|
Have You Seen These People? |
|
Lodge a Complaint | |
Links | |
Main |
Websites Offering Deceptive Schemes
www.pureinvestor.com & www.gopips.com These websites are promoting a wealth creation scheme known as PIPS, PIPS Inc, People in Profit System, Private Investment Profit System, Pureinvestor and PIPS Financial Services. The scheme requires a minimum payment of $450 from participants and promises a fixed interest of 2% per trading day (equivalent to more than 10,000% per year if compounded daily). This scheme replicates a deceptive Ponzi scheme and is currently under investigation by Bank Negara Malaysia. |
|
www.gopips.com |
|
www.pureinvestor.com |
|
Information about PIPS by other authorities |
|
|
|
