Investor Alert List
This section contains the list of unauthorised websites, investment products, companies and individuals.

This list includes:

  1. Persons carrying on or hold himself out as carrying on the following regulated activities without a licence from the SC:
    1. Dealing in securities; 
    2. Dealing in derivatives; 
    3. Fund management; 
    4. Advising on corporate finance; 
    5. Investment advice; 
    6. Financial planning; and 
    7. Dealing in private retirement schemes
  2. Persons operating a recognised market without authorisation.
  3. Persons issuing or offering securities without approval, authorisation or recognition.
  4. Persons misusing SC’s logo and misrepresenting the SC. 

RECENTLY ADDED ENTRIES:
Name
(Unauthorised Website / Products / Entities / Individual)
Details
Remarks
  • AOI Finance Group
    N/A
    2020
    Misuse of SC’s name and logo.

  • Kurmi Ghanshyam
    N/A
    2020
    Misuse of SC’s name and logo.

  • Miningpuppets Sdn Bhd
    (operating as Miningpuppets)
    C-03A-2 & C-03-2,
    Block C Plaza Glomac,
    Jln SS 7/19, SS 7,
    47301 Petaling Jaya
    2020
    Operating a recognized market without authorisation from the SC.

  • Occasin Sdn Bhd
    (operating as Occasin)
    No. 29, Jalan Dato Haji Harun
    Taman Taynton View
    56000 Cheras
    Kuala Lumpur
    2020
    Operating a recognized market without authorisation from the SC.

  • Takaful Profit
    N/A
    2020
    Carrying out capital market activities of dealing in securities and dealing in derivatives without a licence

  • Slice TP Resources (IP0512871-M)
    N/A
    2020
    Carrying out capital market activities of dealing in securities and dealing in derivatives without a licence

  • Binance
    Operating a recognized market without authorisation from the SC.

  • OctaFX
    (a) Carrying out capital market activities of dealing in derivatives without a licence; and
    (b) Operating a recognized market without authorisation from the SC.


  • Amal Trust/ Wakala Ventures
    (002848059-U)
    Menara UOA, Level 15,
    5A Suite 12
    Jalan Sultan Ismail
    50250 Kuala Lumpur
    2020
    (a) Carrying out regulated activities, without license, of:
    (i) dealing in securities;
    (ii) fund management

    (b) Misuse of SC’s logo

  • Waheed Trading/ Waheed Ventures
    (003089431-V)
    Menara UOA, Level 15,
    5A Suite 12
    Jalan Sultan Ismail
    50250 Kuala Lumpur
    2020
    (a) Carrying out regulated activities, without license, of:
    (i) dealing in securities;
    (ii) fund management

    (b) Holding out as financial planning

DIGITAL ASSETS
Name
(Unauthorised Website / Products / Entities / Individual)
Details
  • Babylon Solutions Limited/ Remitano.com
    Operating a recognized market without authorization from the SC

  • Unihash
    Offering of digital currencies and operating a recognized market without authorization from the SC

  • Quattro Holding Group Ltd/ Capital XP
    Carrying out capital market activities of dealing in securities without the authorisation of the SC.

  • Eunex M Ltd/ Eunex Exchange/ Eunex Token
    Offering of digital currencies and operating a recognized market without authorization from the SC

  • Crypto Mania Club
    Carrying out capital market activities of dealing in securities without the authorisation of the SC.

  • AES Signatum Berhad/ AES Token/ AES Exchange
    20-15 Menara K1, Lorong 3/173C, Off Jalan Klang Lama, 58200 Kuala Lumpur
    2020
    Offering of digital currencies and operating a recognized market without authorization from the SC.

  • Omega Prime Group/ Omega Prime
    Carrying out capital market activities of dealing in derivatives without the authorization of the SC
    and offering of digital currencies and operating a recognized market without authorization from the SC

  • You Bank Group
    Operating a recognized market without authorization from the SC

  • Cloud Technology/ Investment Pty Ltd/ Cloud Token
    Offering of digital currencies and operating a recognized market without authorization from the SC

  • Aspen Holding
    Carrying out capital market activities of dealing in securities and derivatives without the authorisation of the SC; and Operating a recognized market without authorisation from the SC.

Error Message
Name
(Unauthorised Website / Products / Entities / Individual)
Details
Remarks
A
  • AOI Finance Group
    N/A
    2020
    Misuse of SC’s name and logo.

  • Amal Trust/ Wakala Ventures (002848059-U)
    Menara UOA, Level 15, 5A Suite 12 Jalan Sultan Ismail 50250 Kuala Lumpur
    2020
    (a) Carrying out regulated activities, without license, of: (i) dealing in securities; (ii) fund management (b) Misuse of SC’s logo

  • Aspen Holding
    Carrying out capital market activities of dealing in securities and derivatives without the authorisation of the SC; and Operating a recognized market without authorisation from the SC.

  • AES Signatum Berhad/ AES Token/ AES Exchange
    20-15 Menara K1, Lorong 3/173C, Off Jalan Klang Lama, 58200 Kuala Lumpur
    2020
    Offering of digital currencies and operating a recognized market without authorization from the SC.

  • Arotrade
    Conducting unlicensed capital market activities of dealing in securities/ derivatives

  • Agro Capital Management Berhad (1096795-U) Agro Equities Berhad (870583-P) Agro Capital Management Corp (E0543862013-7)
    N/A
    2019
    Carrying out unlicensed capital market activities

  • Akademi Saham Malaysia
    N/A
    2018
    Carrying out unregulated activities

  • AlgoMerchant Pte Ltd
    60 Tg Katong Rd, Payar Lebar Square, Singapore 409051
    2018
    Conducting unlicensed capital market activity

  • Ahmad Amiruddin Mohamed
    Not Available
    2017
    Unlicensed capital market activity

  • A.A.M Global Corporation Sdn Bhd (786134-V) AAM Academy
    Not Available
    2017
    Unlicensed capital market activity

  • AGC Group AGC Fund Management
    Misuse of SC’s name in a possible fraud/ unlicensed scheme

  • Asean Paradize Incorporated
    Not available
    2015
    Not licensed by SC to conduct capital market activities

  • Asean Union Incorporated
    Not available
    2015
    Not licensed by SC to conduct capital market activities

  • APG Reit/Asia Property Group (APG)/CH APG (M) Sdn Bhd.
    Lot No. B20-3, 20th Floor North Point Offices, Mid Valley City, No.1, Jalan Medan Syed Putra
    2012

  • Asean Union (Labuan) Foundation
    Not available
    2015
    Not licensed by SC to conduct capital market activities

  • Aipost Limited / Aipost
    Not available
    2011

  • AAIC Buillion Refineries Group Ltd / ABRG/ ABRG Services Sdn Bhd
    Not available
    2011

  • Ahmad Fauzi bin Ambran (individual) (NRIC number: 770709-08-5605)
    Not available
    2011

  • Ahmad Nazmi bin Mohamed (individual) (NRIC number: 850521-03-5243)
    Not available
    2011

  • AM Global Management
    2511 Malaysian Mansion, Jalan Masjid India, Kuala Lumpur, 50100 Malaysia
    2006

  • API Mutual LLC
    Not available
    2008

  • ABFund
    Not available
    2008

  • Asia Wallet/ ASWtrader/ Splitindex Inc
    Not available
    2007

  • ABB Fund
    Not available
    2007

  • Al-Arabic Fund
    Registrant contact: Washington, USA
    2007

  • Artemis Wealth Management
    Artermis Wealth Management, Level 43 Wisma 46, Kota BNI, Jalan Gend.Sudirnan, Kav., Jakarta
    2005

  • Asset Brokerage Network
    Level 14, 5-3 Kaigan 105-0022 Tokyo, Japan
    2006

  • Asian AIM Incubator Co. Ltd
    Level 37, Menara Standard Chartered, 30 Jalan Sultan Ismail, 50250 Kuala Lumpur, Malaysia.
    2009

  • Alvin Low Wei Yan (individual) (NRIC number: 710516-10-5513)
    Not Available
    2014

  • Asian Equity Asia Equity Ventures
    Suite 13, Empire Damansara Perdana, 47300, Petaling Jaya
    2017

b
  • Binance
    Operating a recognized market without authorisation from the SC.

  • Babylon Solutions Limited/ Remitano.com
    Operating a recognized market without authorization from the SC

  • Bitcoin Revolution
    Offering of digital currencies to Malaysians and facilitating the trading of digital currencies via the website without the authorisation of the SC

  • Build Rich
    Not available
    2015
    Not licensed by SC to conduct capital market activities

  • BlackBull Markets Sdn Bhd BlackBull Markets Malaysia
    Unit 21-9, Binjai 8 Premium Soho, Lorong Binjai, KLCC
    2019
    Conducting regulated capital market activities of dealing in securities and derivatives The directors of BlackBull Markets Sdn Bhd are : 1) Harlove Singh Talwar Passport No. LN648694 2) Michael Gray Walter Passport No. LN910348

  • Boss Venture/ Cash Deal Sdn Bhd
    Not available
    2014
    Not licensed by the SC to conduct capital market activities

  • Beneficence International (Group) Company Ltd / Beneficence Agency. Products: CSI Garant Funds, CSI, and Credit Suisse Investment
    The Century Tower Building, 4th Floor, Suite 401-95, Replublic of Panama
    2008

  • BHG e-investment
    Berkshire Hathaway Inc., 1440 Kiewit Plaza, Omaha, Ne 68131
    2007

  • Bidvask Investment Ltd
    Shenzen
    2007

  • Buy-e-barrel
    304 Hudson Street, 6th Floor, New York, New York, NY10013, U.S
    2007

  • Brentwood Trust Company
    1) Paragon Towers, 233 Needham, Suite 300, Newton, MA 02464 USA 8270 2) Woodland Center Blvd. Waters Tampa, FLORIDA 33614 USA
    2007

  • Boston Asset Management Pte. Ltd.
    Level 22.2, Menara Standard Chartered, 30, Jalan Sultan Ismail, 50250 Kuala Lumpur.
    2007

  • International Boustead Bond
    Not available
    2010

  • Bestino Group Bhd
    80-B, Jln. Sultan Yussuf, 30000 Ipoh, Perak Darul Ridzuan, Malaysia.
    2009
    Issuance of shares without prospectus

  • Bridge Capital Advisors BCI International PLC
    Lot E008, Bangunan Financial Park Labuan 87000 Wilayah Persekutuan Labuan, Malaysia
    2018
    Conducting unlicensed capital market activities

  • Binaryonline.com
    City of Sofia 1000, ul. Pirotska No 2 fl. 4, Apt. office 12
    2018
    Carrying on the regulated activity of dealing in derivatives by offering binary options

  • BinaryBook
    Not available
    2018
    Carrying out unlicensed capital market activities of dealing in securities and derivatives

  • Blockchain Forest Sdn Bhd
    a) Promoting and/or offering various digital assets without authorisation b) Operating a digital asset exchange (DAX) without registration

  • Bitcoin Loophole
    a) Conducting unlicensed capital market activities of dealing in securities / derivatives b) Operating a digital asset exchange (DAX) without registration

C
  • https://www.charterprime.com
    Carrying out capital market activities of dealing in securities and derivatives without a valid licence

  • Cloud Technology/ Investment Pty Ltd/ Cloud Token
    Offering of digital currencies and operating a recognized market without authorization from the SC

  • Crypto Mania Club
    Carrying out capital market activities of dealing in securities without the authorisation of the SC.

  • Corona Investment Opportunity Limited (“Corona”)
    N/A
    2019
    Conducting unlicensed capital market activities of dealing in securities

  • Chong Kok Hee (Mack) (NRIC No. 840215-14-5445)
    N/A
    2019
    Not licensed to conduct capital market regulated activity of providing investment advice

  • Chour Au
    N/A
    2019
    Carrying out unlicensed capital market activities of providing investment advice.

  • CFAF Islamic
    Conducting unlicensed regulated capital market activities of dealing in securities (particularly Bonds)

  • CopyCash Foundation and CopyCashCoin
    Not available
    2018
    Initial Coin Offering

  • Changrongkonggu
    179, Jalan Bukit Bintang, Tingkat 15, KL Plaza Suite , Long Park, KL
    2008

  • CSI Venture Capital (M) Berhad
    Lot B-G10, Jalan Dataran 2, PJU 9, Bandar Sri Damansara, Kuala Lumpur
    2008

  • Cfdventures
    Not available
    2007

  • Colonyinvest
    Not available
    2007

  • CB.IRAQ
    Rashid Street, Baghdad, Iraq
    2006

  • Capital Glory Holdings Ltd
    Suite 06-01, 6th Floor, Menara Keck Seng, No. 203 Jalan Bukit Bintang, Kuala Lumpur
    2006

  • Capital Enhancement Club / CEC
    Not available
    2007

  • Cambridge Capital Trading

  • Conduit Capital Ltd
    Suite 15.02, Kenanga International, Jalan SukltanIsmail, 50250 KL
    2008

  • CCLF (M) Sdn Bhd/ Conduit Capital Ltd
    L 17, Etiqa Twin, Jalan Pinang, 50250 KL
    2008

  • City Link Security previously known as Asia Global Finance & Security Malaysia
    G29, Ground Floor, Bintang Plaza Shopping Complex, Jln Miri-Pujut, Sarawak Malaysia. 6634 Fountain Ave, Los Angeles, CA, United States No 46 & 47, Palm Square, Jalan Ampang, 68000, Malaysia. Tel No: +6(0)149271390 Fax No: +60 (0)3 21784011
    2013
    Unauthorised usage of the SC’s name on their website

  • CCLF (Malaysia) Sdn Bhd (810679-H)
    #13.02, 13 FL, Kompleks Antarabangsa, Jalan Sultan Ismail 50250 KL
    2009

  • CPOTrading.com / CPO Resources / Crude Palm Trading Sdn Bhd
    Not licensed by the SC to conduct regulated activities under the CMSA

  • Capstone Alliance Group

d
  • Dagang Algomecs Sdn Bhd (“Algomecs”)
    B1-20-6, Soho Suites @ KLCC, Jalan Perak, 50450 Kuala Lumpur, Malaysia
    2018
    Dagang Algomecs Sdn Bhd (“Algomecs”) was found to have provided automated trading and investment strategy to investors. This is a regulated activity of providing investment advice and/or dealing in derivatives which requires a licence from the SC under the Capital Markets and Services Act 2007. As Algomecs did not hold a Capital Markets Services Licence, a directive was issued on 18 May 2018, directing Algomecs to cease carrying on such activities.

  • DSV Cryptoclub
    Not Available
    2018
    Promoting LavidaCoin initial coin offering

  • Dusten Johnson
    Misuse of SC’s name in a possible fraud/ unlicensed scheme

  • DM Rise Enterprise
    2015
    Not licensed to carry out regulated activities under the CMSA

  • Dana Haji Jasman bin Mat Salleh/Dana Warisan Islam/Wang Amanah Warisan Islam
    Not available
    2010/2014

  • Dataran Teroka 2015 Bhd
    No 18, Jalan Mengkuang, Desa Pahlawan, 55000 Kuala Lumpur
    2009

  • Debenture Petal Trust
    Labuan
    2007

  • Dana Futures
    Not available
    2007

  • Dana Modal

  • Dragon Gold Sdn Bhd/ Dr Iain Gray
    E-3A-4, Blok E, Megan Phileo Promenade, 189, Jalan Tun Razak, 50400 KL
    2006

  • Data Saham
    Not available
    2006

  • Duit Wayang
    Not available
    2006

e
f
g
  • GainAngel International Sdn Bhd (975150-T)
    Block C, 05 – 3A, SetiaWalk, Jalan Persiaran Wawasan, Pusat Bandar Puchong, 47100 Puchong, Selangor
    2018
    Carrying out unlicensed capital market activity particularly the offering of the pre-IPO shares of Nanopac Innovation Limited

  • Gulf Capital Malaysia
    Carrying out unlicensed activity and misuse of SC’s name and logo on a forged letter

  • GCM Asia
    Not available
    2018
    Carrying on the regulated activity of dealing in derivatives by offering CFDs

  • GMCI Infinity Sdn Bhd (1146449-V)
    Not available
    2018
    Carrying out unlicensed activities – marketing of foreign Pre-IPO shares in Malaysia

  • GreenFields Capital
    Carrying out unlicensed capital market activities

  • Global World Acquisition (Global World Mergers and Acquisitions)

  • Goldenway Securities Co. Ltd
    8/F Gee Tuck Building, 16-20 Bonham Strand East, Central, Hong Kong
    2011
    The fake link/website was attributed to Goldenway Securities Co. Ltd, a HK SFC licensed corporation

  • Global Investment Network System (GINS)
    Plaza Permata, Off Jalan Ipoh
    2007

  • Global Assets
    M-3-19, Plaza Damas, Sri Hartamas, 50480 Kuala Lumpur (Henri Benardin -suspect office)
    2007

  • Goodwin Capital management Ltd
    Korea First Bank Center, 20th Floor, Korea First Bank Building, 100Gongpyung dong, Chongno gu, Seoul 110 702 Korea
    2007

  • Good Credit Asset Management
    Lot 20.01, 20th Floor, Wisma MPL, Jalan Raja Chulan, Kuala Lumpur, Malaysia
    2007

  • Goldmill Wagner Associates Limited
    Level 40, Tower Petronas Twin Towers, Kuala Lumpur, 50088 Malaysia
    2005

h
  • HYM Alliance Sdn Bhd (“HYM Alliance”)
    Holding out as carrying on the business of regulated activities of dealing in securities and derivatives

  • Hawthorn Financial Solutions Limited
    Carrying out unlicensed capital market activities of providing investment advice

  • Hollinger Newcastle Limited
    Not available
    2008
    Unlicensed activities

i
  • INVECH GROUP (Invech Token)
    Offering and promotion of digital assets without authorization from the SC

  • IQ Option Ltd
    Carrying out capital market activities of dealing in securities without the authorisation of the SC.

  • IGO FX
    Govant Building, BP 1276, Port Vila, Vanuatu
    2018
    Conducting unlicensed capital market activities

  • IG Fund Malaysia
    Carrying out unlicensed activity and misuse of SC’s name and logo on a forged letter

  • Itradex
    Not available
    2017
    Not licensed to conduct regulated activities nor approved to do offering of securities / derivatives

  • IPC Shopping Services (M) Sdn Bhd
    No 83G Jln 3/93, Taman Miharja, 2 1/2 Miles Cheras, Kuala Lumpur, 56100 Wilayah Persekutuan
    2011

  • Imal Global Sdn Bhd
    No 66-2, Jalan Puteri 2/4, Bandar Puteri Puchong, Puchong, 47100 Selangor
    2011
    Imal2u’s offering of IPO on SLV Worldwide’s website without a license, unable to submit sufficient information and documents as requested.

  • IPC International Group Sdn Bhd
    Room 101, 1st Floor, No 368, Jalan Pudu, Kuala Lumpur, Wilayah Persekutuan.
    2011
    Affiliated with Imal2u who appears to be offering Imal2U’s IPO’s without a license; unable to submit sufficient information and documents as requested.

  • Infinity Exchange Board
    36th Floor, Menara Maxis, KLCC, Malaysia
    2009

  • IDFK Commercial management
    Menara Keck Seng, Suite 91-93, Level 32, Jalan Bukit Bintang, 55100 Kuala Lumpur Level 14A, Main Office Tower, Financial Park Labuan, 87000 Jalan Merdeka, Federal Territory of Labuan, Malaysia / Lot 76, TMN. Tenaga, Batu 9, JLN. Puchong, 47100 Puchong.
    2007

  • IDFK International Management Inc
    Menara Keck Seng, Suite 91-93, Level 32, Jalan Bukit Bintang, 55100 Kuala Lumpur Level 14A, Main Office Tower, Financial Park Labuan, 87000 Jalan Merdeka, Federal Territory of Labuan, Malaysia Lot 76, TMN. Tenaga, Batu 9, JLN. Puchong, 47100 Puchong.
    2007

J
k
L
  • Lindale Ventures (003041846-U)
    L-3-11, Jalan Sri Hartamas 1, Taman Sri Hartamas, 50480 Kuala Lumpur
    2020
    (a) Holding out as dealing in regulated activities without license, of: (i) fund management (ii) financial planning (b) Misuse of SC’s logo

  • Leong Kok Tee
    N/A
    2019
    Carrying out unlicensed capital market activities of providing investment advice.

  • Lux Investment Pty Ltd / Luxembourg Offshore Banking
    N/A
    2019
    Carrying out regulated activities without a license from the Securities Commission Malaysia

  • LUX Galaxies
    Promoting LavidaCoin initial coin offering

  • LKV International Sdn Bhd
    F-2-43, Blok F, Taipan Damansara 2, Jalan PJU 1A/3, Ara Damansara, 47301 Petaling Jaya B-7-7, Ativo Plaza No 1, Jalan PJU 9/1, Damansara Avenue, Bandar Sri Damansara, 52200 Kuala Lumpur
    2018
    Carrying out capital market regulated activities of Dealing in Securities without a license

  • Lee Byers Ltd
    1) Suite 26.3, Level 26, Menara IMC No. 8, Jalan Sultan Ismail, 50250 Kuala Lumpur 2) Level 20, Menara Standard Chartered No. 30, Jalan Sultan Ismail, 50250 Kuala Lumpur
    2012

  • Locke Guaranty Trust (NZ) Ltd
    Licke Guaranty Trust (NZ) Limited, 60 Cook Street – Suite 324, Auckland 1, New Zealand
    2007

  • Locke Capital Investment (BVI) Ltd
    Not available
    2007

  • Lexworth Prestige
    1) Lexworth Limited, Room 1001-2, 10F, New Victory House 93, Wong Lok Street, Central, Hong Kong. 2) Pristine Multimedia Sdn Bhd, 18-3, Jalan 2/114, Kuchai B/Centre, Off Jalan Klang Lama, Kuala Lumpur.
    2005

m
  • Miningpuppets Sdn Bhd (operating as Miningpuppets)
    C-03A-2 & C-03-2, Block C Plaza Glomac, Jln SS 7/19, SS 7, 47301 Petaling Jaya
    2020
    Operating a recognized market without authorisation from the SC.

  • Managed In Assets (MIA)
    Carrying out capital market activities of dealing in securities and derivatives without a valid licence.

  • My Global Fintech Co Pty Limited (“My Global Fintech”)
    N/A
    2020
    Carrying out capital market activities of dealing in securities and derivatives without a valid licence.

  • Muhd Muiz Al-Amin bin Muhammad Firdaus (IC: 861126566865)
    N/A
    2019
    Carrying out the unlicensed capital market activities of offering investment advice and dealing in securities

  • MGC Token (More Gold Coin)
    Offering and promotion of digital assets without authorization from the SC

  • Mocaz Financial Markets Limited (“Mocaz”)
    Carrying out regulated activities of dealing in securities and derivatives without a licence

  • Maishince Capital Sdn Bhd (“Maishince”)
    Operating a digital asset exchange (DAX) without registration

  • Montego Finance & Securities Berhad

  • MYOE Networks (M) Berhad
    Lot B-G10, Jalan Dataran 2, PJU 9, Bandar Sri Damansara, Kuala Lumpur
    2008

  • MDEX Market

  • Mutual Element Concept Sdn Bhd
    Suite 30.04-05, Wisma Goldhill, Jalan Raja Chulan, 50200 Kuala Lumpur
    2007