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Scam Meter
Use our SCAM METER to find out if you are prone to scams.
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This scam meter is intended for informational and educational purposes only
SET 1 Questions
1/6
You come across an investment company that claims to be licensed in Vanuatu. You were able to verify through online searches that the said investment company is indeed licensed in Vanuatu. Would you consider it safe to invest through this company?
A. Yes
B. No
4/6
You have been approached by your childhood friend who is a registered unit trust consultant. He is currently attached with a company licensed by the Securities Commission Malaysia ("SC"). You agree to invest and he asks you to deposit the money into his personal bank account to ease and expedite the process. Is this safe?
A. Yes
B. No
5/6
A relative recommends you to invest in a fund by company ABC that promises a guaranteed return of 10% per month. The scheme was promoted by a well-known celebrity. The company is incorporated with Companies Commission Malaysia/Suruhanjaya Syarikat Malaysia. Would you invest in this investment scheme?
A. Yes
B. No
6/6
"If you are asked to transfer money into a bank account of an individual or company not related to the entity offering the investment opportunity, would you proceed with the transfer?
A. Yes
B. No
SET 2 Questions
1/6
You were asked to pay RM2,000 for tax purposes to the Securities Commission Malaysia before you can withdraw a profit of RM200,000 that you've made by investing with an online investment company. Would you deem the sum of RM2,000 required to be necessary?
A. Yes
B. No
3/6
You were introduced to a Digital Asset Exchange (DAX) to trade in cryptocurrencies such as Bitcoin. The said DAX is amongst the largest in the world and licensed by many regulators globally but not in Malaysia. Would you consider investing through this DAX.
A. Yes
B. No
4/6
Would you invest in an investment pitched as a limited-time opportunity, example, the offer only lasts a few hours?
A. Yes
B. No
5/6
"If you are told that the investment opportunity is legitimate (i.e. offered by a licensed/registered entity), but asked to deposit money into an unrelated bank account, would you still invest?
A. Yes
B. No
SET 3 Questions
3/6
An investment scheme was promoted to you via social media platforms. The said investments is said to be Shariah-compliant. There were many testimonies by past investors who have made profit. The agent also provided certificates issued by the Securities Commission Malaysia (“SC”). Would you consider investing?
A. Yes
B. No
5/6
If you're asked to pay additional fees such as tax, exchange rate fees, etc. before you are able to withdraw your investment profits, would you still consider paying?
A. Yes
B. No
6/6
You found out about an investment opportunity through the social media platform -Telegram. Where do you check if the said opportunity is legitimate? (among others)
A. The Securities Commission Malaysia
B. The Malaysian Bar Council
C. Malaysian Institute of Accountants
D. Lembaga Hasil Dalam Negeri
SET 4 Questions
3/6
You received an online job opportunity. You were required to complete several easy tasks online and received promised commissions. To make more money you were then directed to open an account via an online platform that offers investment in cryptocurrencies. Would you consider investing?
A. Yes
B. No
6/6
"Would you consider investing if you were offered high returns with no risk such as invest RM350 with a promised return of RM10,000 in 3 hours?
A. Yes
B. No
SET 5 Questions
1/6
By reporting to the authorities you have a good chance to recover money sent overseas in a scam?
A. True
B. False
5/6
Would you make an investment in response to any of the following?
  • An advertisement you saw on a social media channels
  • A solicitation you received via email
  • A phone call you received from someone who claims to be licensed
A. Yes
B. No
6/6
John befriended Jenny through a dating app and have been communicating for the past 3 months. Jenny introduced John to a trading platform that offers investment in cryptocurrencies. Jenny claimed to have already made a large profit by trading through the said platform. Would it be safe for John to consider investing?
A. Yes
B. No
SET 1 Answer Response
Well done, Invest with licensed entities.
Even if a company is licensed with a foreign jurisdiction, you're advised not to invest through such companies as you may be exposed to fraud or you will not have a recourse in the event of dispute. You should only invest with entities licensed or registered with the Securities Commission Malaysia
next question
Not quite. Not advised to invest.
Even if a company is licensed with a foreign jurisdiction, you're advised not to invest through such companies as you may be exposed to fraud or you will not have a recourse in the event of dispute. You should only invest with entities licensed or registered with the Securities Commission Malaysia
NEXT QUESTION
Fantastic! Report first.
Reporting a scam is the first step to getting expert advice. It contributes to prevention programmes to help keep other people safe.
NEXT QUESTION
Tricky, all of it is right.
Reporting a scam is the first step to getting expert advice. It contributes to prevention programmes to help keep other people safe.
NEXT QUESTION
Correct, can check bank and phone number and company name.
The SemakMule Portal developed by Polis Diraja Malaysia is useful to check if a bank account, phone number and a company has been used in a scam.
NEXT QUESTION
Almost, it's all three.
The SemakMule Portal developed by Polis Diraja Malaysia is useful to check if a bank account, phone number and a company has been used in a scam.
NEXT QUESTION
That's right! Don't deposit to them.
Even if a person is licensed or registered with the SC, you must not deposit money into his/her personal bank account.
NEXT QUESTION
Nope, never deposit to their account.
Even if a person is licensed or registered with the SC, you must not deposit money into his/her personal bank account.
NEXT QUESTION
Excellent! they must be licensed
Be wary of any investment opportunity that promises high returns. Even if a company is properly incorporated with the Companies Commission Malaysia/Suruhanjaya Syarikat Malaysia, they would still require a licence from the SC before they can carry out any investment activities.
NEXT QUESTION
Tricky, make sure they have license.
Be wary of any investment opportunity that promises high returns. Even if a company is properly incorporated with the Companies Commission Malaysia/Suruhanjaya Syarikat Malaysia, they would still require a licence from the SC before they can carry out any investment activities.
NEXT QUESTION
Well done! It's not related.

You must only deposit money into the official bank account of a licensed/registered entity with the SC. If you transfer money into a bank account of an individual / entities not related to the licensed/registered entity, you may be transferring into a mule bank account.

finish quiz
Nope, it can be an illegal account.

You must only deposit money into the official bank account of a licensed/registered entity with the SC. If you transfer money into a bank account of an individual / entities not related to the licensed/registered entity, you may be transferring into a mule bank account.

FINISH QUIZ
SET 2 Answer Response
Correct! No fee needed.
One of the characteristics of a scam is to pay a small fee e.g for tax purposes/admin fee and other charges to withdraw a large profit. No legitimate investment company would require advance fee to be made to withdraw profits.
next question
Nope, it is not required.
One of the characteristics of a scam is to pay a small fee e.g for tax purposes/admin fee and other charges to withdraw a large profit. No legitimate investment company would require advance fee to be made to withdraw profits.
NEXT QUESTION
Great job!
All investments carries risks. You must only deposit money into the valid bank account of an entity licensed by or registered with the SC.
NEXT QUESTION
Bummer, this is a feature of a scam.
All investments carries risks. You must only deposit money into the valid bank account of an entity licensed by or registered with the SC.
NEXT QUESTION
Close call! May not be safe.
Even if a company is licensed with a foreign jurisdiction, it is not safe to invest as you may be exposed to fraud or you will not have a recourse in the event of a dispute.
NEXT QUESTION
Unfortunately, it is not safe
Even if a company is licensed with a foreign jurisdiction, it is not safe to invest as you may be exposed to fraud or you will not have a recourse in the event of a dispute.
NEXT QUESTION
Awesome! Don't fall under pressure.
Scammers typically use such pressure tactics or FOMO (fear of missing out) to induce victims. All investment opportunities must be considered carefully against your risk profile and appetite.
NEXT QUESTION
Oh no, think properly beforehand.
Scammers typically use such pressure tactics or FOMO (fear of missing out) to induce victims. All investment opportunities must be considered carefully against your risk profile and appetite.
NEXT QUESTION
Fantastic! Always double check.
Scammers commonly clone (misuse the name and credentials of legitimate entities) to perpetrate scams. Always check if the entity is licensed/registered with the SC. Also check if the name is on the SC’s Investor Alert List. Remember! Do not transfer your monies into a bank account belonging to an unrelated entity.
NEXT QUESTION
Uh oh, never transfer to unrelated entity!
Scammers commonly clone (misuse the name and credentials of legitimate entities) to perpetrate scams. Always check if the entity is licensed/registered with the SC. Also check if the name is on the SC’s Investor Alert List. Remember! Do not transfer your monies into a bank account belonging to an unrelated entity.
NEXT QUESTION
High five! Inspect it carefully.

When offered an invesment opportunity, you must carry out all necessary checks to ensure that it is legitimate.

finish quiz
Not quite, always check thoroughly!

When offered an invesment opportunity, you must carry out all necessary checks to ensure that it is legitimate.

FINISH QUIZ
SET 3 Answer Response
That's right! Stop all contact.
As soon as you find out you’ve been scammed, stop all contact with the scammer.
next question
Incorrect. Stop all contact!
As soon as you find out you’ve been scammed, stop all contact with the scammer.
NEXT QUESTION
Fantastic! Don't trust them.
Recognizing a scam can be difficult because scammers spend a lot of time and effort appear legitimate
NEXT QUESTION
Not quite, as they can look legit.
Recognising a scam can be difficult because scammers spend a lot of time and effort appear legitimate
NEXT QUESTION
High five! Be more alert.
Be wary of investments promoted via social media. Scammers tend to use tactics such as fake testomonies, falsely claiming to be shariah compliant and producing fake certificates to lure victims.
NEXT QUESTION
Nope, look out for fake testimonies
Be wary of investments promoted via social media. Scammers tend to use tactics such as fake testimonies, falsely claiming to be shariah compliant and producing fake certificates to lure victims.
NEXT QUESTION
Correct! It can be anyone.
Different scams are run with different targets in mind, and anyone can fall victim.
NEXT QUESTION
Unfortunately, anyone can be a victim.
Different scams are run with different targets in mind, and anyone can fall victim.
NEXT QUESTION
Perfect! Withdraw without payments.
A legitimate investment will never require any additional payments before you can withdraw your profits.
NEXT QUESTION
Tricky! No payments required.
A legitimate investment will never require any additional payments before you can withdraw your profits.
NEXT QUESTION
Great job! 'SC' can assist you.

You may check with the Securities Commission Malaysia who can assist you to verify if an investment opportunity is legitimate.

finish quiz
Not right. Check with 'SC' to verify!

You may check with the Securities Commission Malaysia who can assist you to verify if an investment opportunity is legitimate.

FINISH QUIZ
SET 4 Answer Response
Spot on! Scammers need it ASAP.
Scams usually make an attractive offer/testimonies through social media. They demand a quick response so you have less time to think things through.
next question

Not really, it's too good to be true.

Scams usually make an attractive offer/testimonies through social media. They demand a quick response so you have less time to think things through.
NEXT QUESTION
Close call! Always check with SC.
The SC would never request for any payment through phone
NEXT QUESTION
Careful! SC won't ask for payments. 
The SC would never request for any payment through phone
NEXT QUESTION
Correct, it can be convincing.
In such scams, the perpetrator will initially convince the victim to perform simple job/task such as writing reviews and “liking” social media pages. The victims will receive small payments for performing such “tasks”. Having convinced and gained the trust of the victim, the perpetrator will then convince the victim to invest into a non-existent cryptocurrencies/share scheme with promise of high returns.
NEXT QUESTION
Tricky! Don't fall for it.
In such scams, the perpetrator will initially convince the victim to perform simple job/task such as writing reviews and “liking” social media pages. The victims will receive small payments for performing such “tasks”. Having convinced and gained the trust of the victim, the perpetrator will then convince the victim to invest into a non-existent cryptocurrencies/share scheme with promise of high returns.
NEXT QUESTION
Always proceed with caution.
Scammer will employ various tactics to lure victims especially with "too good to be true" opportunities by using "pressure tactics". It is important to remember that all investment carries risks. Therefore any claims of investment opportunities with no risk must be viewed with caution.
NEXT QUESTION
Nope, don't get lured easily!
Scammer will employ various tactics to lure victims especially with "too good to be true" opportunities by using "pressure tactics". It is important to remember that all investment carries risks. Therefore any claims of investment opportunities with no risk must be viewed with caution.
NEXT QUESTION
Keep it up!
Not all investment opportunities promoted by celebrities may be suitable for you.
NEXT QUESTION
Not quite right.
Not all investment opportunities promoted by celebrities may be suitable for you.
NEXT QUESTION
Great job! 

A legitimate investment cannot generate such extraordinary returns within a short period of time. Also, no investment is completely risk-free.

finish quiz
Uh oh!

A legitimate investment cannot generate such extraordinary returns within a short period of time. Also, no investment is completely risk-free.

FINISH QUIZ
SET 5 Answer Response
Right on! You can't recover it.
It is almost impossible to recover money sent overseas in a scam.
next question
Nope, slim chance getting it back.
It is almost impossible to recover money sent overseas in a scam.
NEXT QUESTION
Correct! Know how they work.
It’s hard to stay absolutely up to date with scams. The best way to avoid scams is to learn their common characteristics.
NEXT QUESTION
Almost! Hard to keep up.
It’s hard to stay absolutely up to date with scams. The best way to avoid scams is to learn their common characteristics.
NEXT QUESTION
Perfect! They may appear legit.
Scammers use elaborate tactics to build trust and appear legitimate. If in doubt always check with the Securities Commission Malaysia.
NEXT QUESTION
Not quite, always check with the SC.
Scammers use elaborate tactics to build trust and appear legitimate. If in doubt always check with the Securities Commission Malaysia.
NEXT QUESTION
Great job! Invest with SC licensed/registered entity.
Always invest with a company licensed or registered with the Securities Commission Malaysia.
NEXT QUESTION

Tricky! Only invest with SC licensed/registered entity.

Always invest with a company licensed or registered with the Securities Commission Malaysia.
NEXT QUESTION
Well done. Beware of them!
A typical scam may originate from unsolicitated calls/emails and advertisements.
NEXT QUESTION
Unfortunately, scam methods to look out for.
A typical scam may originate from unsolicitated calls/emails and advertisements.
NEXT QUESTION
High five! Don't trust online strangers.

You should never consider investing based on recommendation from someone you befriended online.

finish quiz
Tricky! Be careful who you trust online.

You should never consider investing based on recommendation from someone you befriended online.

FINISH QUIZ
CONGRATULATIONS!
(0)
 of 6 questions answered correctly
You have a good understanding on how a typical scam works.
We encourage you to equip yourself with the necessary knowledge on investing and scams.

Always be vigilant as scammers continuously develop new tactics to lure victims. Remember, an informed investor is a protected investor.
Restart quiz
Yikes!
(0)
 of 6 questions answered correctly
Looks like you might need some brushing up on scam tactics.
We encourage you to equip yourself with the necessary knowledge on investing and scams.

Always be vigilant as scammers continuously develop new tactics to lure victims. Remember, an informed investor is a protected investor.
Restart quiz
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