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
DIGITAL ASSETS
Name
(Unauthorised Website / Products / Entities / Individual)
Details
Error Message
Name
(Unauthorised Website / Products / Entities / Individual)
Details
Remarks
A
  • Potential clone entity - Al-Rajhi Capital Company
    N/A
    2021
    • Possible clone operating a fraudulent scheme promising returns up to RM8,000 with a minimum investment of RM350 within 24 hours • Carrying on unlicenced capital market activities of dealing in securities • Misrepresentation, misusing SC’s name and logo

  • Ar-Rahman General Trading Sdn Bhd / Syarikat Ar-Rahman Investment
    Carrying on unlicenced capital market activities of dealing in securities

  • Advantage Trader / My Advance Trader
    Carrying on unregulated activities

  • Potential clone entity - Apex Invests / Apex Investment
    N/A
    2021
    (i) Possible clone offering high returns up to RM23,800 with a minimum investment of RM1,400 within 12 hours (ii) Carrying on unregulated activities *Apex Investment Services Berhad is licensed with SC for dealing in securities and fund management

  • ATFX/ ATFX Global
    Carrying on unlicensed capital market activities of dealing in securities and derivatives

  • Potential clone entity - Al-Rajhi Global
    Lot M8-11 Level 8, Johor Baharu City Square, 80000 Johor Baharu
    2020
    (i) Possible Clone offering return of RM4,000 from an investment of RM380 (ii) Carrying out unlicensed capital market activities of dealing in securities (iii) Misrepresentation, misusing SC’s name and logo

  • Potential clone entity - Alibaba International Invest
    (i) Possible clone of China-based Alibaba Group (ii) Carrying on unlicensed capital market activities

  • Potential clone entity - ASM Investment Service
    (i) Possible clone of ASM Investment Services Berhad (the former name of PMB Investment Berhad) (ii) Holding out as dealing in securities

  • Potential clone entity - Albilad Credit (M) Sdn Bhd
    N/A
    2020
    (i) Possible clone of Al Bilad Bank (ii) Misrepresentation, misusing SC’s name and logo

  • Al Maju General Trading Co/Syarikat Al-Maju Trading
    N/A
    2021
    Carrying on unlicensed capital market activities of dealing in securities

  • AMC Management & Services
    Carrying on unregulated activities

  • Admiral Markets/ Admiral Markets Malaysia
    Carrying on unregulated activities

  • AliExchange
    Operating a digital asset exchange (DAX) without registration

  • Asia Trading
    N/A
    2020
    Carrying on unregulated activities

  • Asset Equity Management
    Carrying out unlicensed capital market activities

  • Action Node
    Operating a recognized market without authorization from the SC

  • Argaam Investment Sdn Bhd / Argaam Trading Investment
    N/A
    2020
    • Carrying out of the unlicensed capital market activities of dealing in securities • Misrepresentation, misusing SC’s name and logo

  • Al-Esbah General Trading Co
    N/A
    2020
    Carrying on capital market activities of fund management without licence

  • Azzad Islamic Investment
    N/A
    2020
    Carrying on capital market activities of fund management without licence

  • Alpari International / Alpari Trading Malaysia
    Block A1-11-02 Idaman Lavender 1, Jalan Dato Ismail Hashim, Sungai Ara 11900 Bayan Lepas, Pulau Pinang 11900
    2020
    Carrying on capital market activities of dealing in securities & derivatives without licence

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

  • Bursa Malaysia Free Trading
    Carrying out unlicensed capital market activities of providing investment advice

  • Billion Capital Trading
    Carrying on unlicenced capital market activities of dealing in derivatives

  • B4U Global
    Operating a recognized market without authorisation from the SC

  • Big Cash Coin
    Operating a digital asset exchange (DAX) without registration

  • Berkat Serata Investment/Syarikat Berkat Serata
    N/A
    2021
    Carrying on unlicensed capital market activities of dealing in securities

  • Potential clone entity - Bittrex Global Trading Sdn Bhd
    N/A
    2021
    (i) Carrying on unregulated activities (ii) Possible clone offering high returns through Facebook

  • BeGold Trading Sdn Bhd
    Carrying on capital market activities of dealing in securities without licence

  • Bitto Exchange / Bitto Exchange Pte Ltd
    Operating a digital asset exchange (DAX) without registration

  • Bitcoin System
    Operating a digital asset exchange (DAX) without registration

  • Bitcoin Era
    Operating a digital asset exchange (DAX) without registration

  • Bitto Technology
    Operating a recognized market without authorisation from the SC

  • Binance Market Network
    Carrying out unlicensed capital market activities

  • Bitseven
    Operating a recognized market without authorisation from the SC

  • Briilliant Capital Group
    Operating a recognized market without authorisation from the SC

  • B4U
    Operating a recognized market without authorisation from the SC.

  • BitForex
    Operating a recognized market without authorisation from the SC

  • Binance
    Operating a recognized market without authorisation 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
  • Capital Blooming
    Carrying out unlicensed capital market activities of providing investment advice

  • Cappacity Fx Trading
    N/A
    2021
    Misrepresentation, misusing SC’s name and logo

  • CP Markets (Cooper Markets)/Coopermarkets Malaysia
    Carrying on unregulated activities

  • Potential clone entity - Capital Trading (002985098-D)
    N/A
    2020
    (i) Holding out as carrying on regulated activities (ii) Possible clone offering return of RM9,000 from an investment of RM600 within 12 hours

  • Chelco Finance Inc / Chelco Resources
    Carrying out of the unlicensed capital market activities of dealing in securities

  • Cyber Futures / Cyber Futures International Limited
    Carrying out of the unlicensed capital market activities of dealing in derivatives

  • Capitalvia Global Research Limited
    Carrying out of the unlicensed capital market activities of offering investment advice

  • 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
  • Dollars Markets
    Carrying on unlicenced capital market activities of dealing in securities and derivatives

  • DOG.MONEY
    Operating a digital asset exchange (DAX) without registration

  • Don Trader/DT Academy Sdn Bhd (1293555-H)
    Level 23, NU Tower 2, Jalan Tun Sambathan, 50470 Kuala Lumpur
    2021
    Carrying out unlicensed capital market activities of providing investment advice

  • Potential clone entity - DooPrime Malaysia
    (i) Possible clone offering return of RM16,200 from an investment of RM1,000 within 48 hours (ii) Carrying on unregulated activities

  • DS Investment
    Carrying on unlicensed capital market activities of dealing in derivatives

  • DCX Digital Crypto Exchange
    Operating a digital asset exchange (DAX) without registration

  • DDKoin (“DDK”)
    Carrying out unlicensed capital market activities of dealing in securities

  • Digital Asset Organization
    Carrying out unlicensed capital market activities

  • 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

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

  • Debenture Petal Trust
    Labuan
    2007

  • Dana Modal

  • Dana Futures
    Not available
    2007

  • Duit Wayang
    Not available
    2006

  • 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

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

e
  • Potential clone entity - Ettijah Investment
    N/A
    2021
    • Possible clone offering high returns • Carrying on unlicensed activities • Misrepresentation, misusing SC’s name and logo

  • Potential clone entity - E-Trade
    • Possible clone operating a fraudulent scheme promising returns up to RM25,000 with a minimum investment of RM500 within 10 hours • Carrying on unlicenced capital market activities of dealing in securities

  • Equity Global Business
    N/A
    2021
    Carrying on unlicenced capital market activities of dealing in securities

  • Engineer Saham/Ergonamos Marketing (JM0866656-H)
    No 26B, Jalan Ekoperniagaan 10, Taman Kota Masai, 81700 Pasir Gudang, Johor
    2021
    Carrying out unlicensed capital market activities of providing investment advice

  • Potential clone entity - ETX Capital Global
    (i) Possible clone of ETX Capital (ii) Carrying out of the unlicensed capital market activities of dealing in derivatives

  • E-Paradise
    (i) Operating a digital asset exchange (DAX) without registration (ii) Holding out as carrying on regulated activities

  • Esmash Investment Plan
    N/A
    2021
    Operating a digital asset exchange (DAX) without registration

  • ETFinance
    Carrying on unregulated activities

  • Euro Trade
    (i) Fund management (ii) Misrepresentation, misusing SC’s name and logo

  • Epic Research Malaysia
    Carrying out of the unlicensed capital market activities of offering investment advice

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

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

  • EFINEX (Blockchain Capital Ltd & EFH Blockchain)
    Offering of digital currencies and operating a recognized market without authorization from the SC

  • Exp Asset
    Conducting unlicensed capital market activities of dealing in securities

  • East Cape Mining Corporation Limited

  • Extensa Financial Services
    Europlaza Hoogoorddreef 54b, 1101BE Amsterdam Zuidoost, Netherlands
    2011

  • Exelasia Capital Sdn Bhd
    Level 28, Wisma Goldhill, 67 Jalan Raja Chulan, 50200 Kuala Lumpur
    2008

  • IPC Shopping and Empay
    IPC Shopping Services (M) Sdn Bhd, 77-1 Jalan 3/92 Taman Maharaja batu 2 1/2 Cheras
    2006

  • Euro America Index
    500 North Michigan Avenue, Chicago, Illinois 60610, USA
    2006

  • Eduit2u.com
    Not available
    2007

  • E-Suisse Fund
    ESwissFund Management Foundation, Ipasa Building, 3rd Floor, Bella Vista District, 41 Street, Panama City, 110110 PA
    2007

  • E-Barrel
    Not available
    2007

  • Eubond.com
    Not available
    2007

  • eUK Gold
    Registrant contact: Washington, USA
    2007

  • Empay
    77-1, Jalan 3/93. Taman Miharja 2 1/2 Miles, Cheras, 55200 Kuala Lumpur
    2006 (refer 2008)

  • Eaindex
    Not available
    2007

  • Equity World Advisory Sdn Bhd
    No,33 9-8 level 9 jln yap ah shak. Kuala Lumpur – 50300 Kuala Lumpur
    2007

  • Eadvisory Limited (London)
    Not available
    2007

  • Eon Exchange
    7th Floor, Menara Multi-Purpose Capital Square, 8 Jalan Munshi Abdullah 50100 Kuala Lumpur, Malaysia
    2010

  • Euro FinBank

  • Euro Asian Securities
    Exchange Square, Bukit Kewangan, 50200 Kuala Lumpur
    2013
    Not licensed by the SC to conduct capital market activities

  • Efzinitus Capital Pte Ltd
    Not available
    2017

  • Ethtrade Limited/Ethtrade Global Limited
    Not available
    2017
    Not licensed by SC to conduct capital market activities

f
  • Potential clone entity - Financial Planners Integrated
    (i) Carrying on unlicenced capital market activities of dealing in securities (ii) Possible clone operating a fraudulent scheme promising returns of RM30,000 with a minimum investment of RM2,080 in 24 hours

  • Fastrading
    (i) Carrying on unlicenced capital market activities of dealing in securities (ii) Operating a digital asset exchange (DAX) without registration

  • FMA Management/ Financial Minds Asset Management Sdn Bhd
    Suite 14.01 Level 14, Menara TJB, No.9, Jalan Syed Mohd Mufti, 80000 Johor Bahru, Johor
    2021
    Carrying on unregulated activities

  • FxPro
    Carrying on unregulated activities

  • Felix Consulting
    Level 23 – 1, Premier Suite Jalan Kiara, One Mont Kiara Kuala Lumpur, 50480 Malaysia
    2021
    Carrying out unlicensed capital market activities of providing investment advice

  • Fatin Fatini Binti Ismadi (NRIC: 950608-09-5036)
    25, Jalan Kristal 7/79, Seksyen 7, 4000 Shah Alam, Selangor
    2021
    Carrying out unlicensed capital market activities of providing investment advice

  • FBS Malaysia
    Carrying on unlicensed capital market activities of dealing in securities and derivatives

  • FP Market Investment Traders
    Carrying on unregulated activities

  • Potential clone entity - FirstradeR.net, firsttrademalaysia.com and firstrademsia.com
    N/A
    2020
    Possible Clone of Firstrade Securities Inc

  • Potential clone entity - FP Market Trading Malaysia
    (i) Possible clone offering high returns with a minimum investment of RM500 (ii) Carrying on unlicensed activities

  • Fullerton Markets International Limited
    Carrying on capital market activities of dealing in securities and derivatives without licence