Kuala Lumpur, 7 June 2016
SC Warns Public on Bogus Bonds Schemes
The Securities Commission Malaysia (SC) would like to warn the public about get-rich-quick schemes which are being promoted under the guise of bonds investments. To add legitimacy to the scheme, the offerings are sometimes linked to foreign bonds. The schemes entice investors with promises of profits as high as 40% per month.
Such schemes usually guarantee high returns or profits with little or no risk to investors. Where the scheme claims to originate from overseas, investors should verify the legitimacy of the scheme.
Offerings of bonds to the Malaysian public require the SC’s approval under the law. Investors are advised to check the SC’s website www.sc.com.my whether a bond has been approved. Contact us at 03-62048999, [email protected] or the following address if you have any questions:
Investor Affairs & Complaints
Securities Commission Malaysia
3 Persiaran Bukit Kiara
50490 Kuala Lumpur
Fax No: 603-62048991
SECURITIES COMMISSION MALAYSIA