List Of Unauthorised Websites / Investment Products / Companies / Individuals
The SC’s Investor Alert List provides information on persons/entities that do not comply with our securities law. This list includes persons/entities that:-
  1. Carry on capital market regulated activities without a license or registration. SC regulates the following capital market activities:- 
    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. Provide services as a market operator; or
  3. Issue or offer securities without proper approval, authorization or recognition.
Please take note that this list is not exhaustive and will be updated periodically. This list serves as a guide to investors prior to making any investment decisions. If you require any clarification or come across any suspicious capital market activities that you wish to highlight to the SC, you may contact us at 603-6204-8999 or email us at [email protected].
RECENTLY ADDED ENTRIES:
Name
(Unauthorised Website / Products / Entities / Individual)
Details
Remarks
  • MyLiteClub / MyLiteChange
    a) Conducting unlicensed capital market activities of dealing in securities / derivatives 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

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

DIGITAL ASSETS
Name
(Unauthorised Website / Products / Entities / Individual)
Details
Error Message
Name
(Unauthorised Website / Products / Entities / Individual)
Details
Remarks
A
  • 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

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

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

  • API Mutual LLC
    Not available
    2008

  • 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

  • Aipost Limited / Aipost
    Not available
    2011

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

  • 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

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

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

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

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

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

  • Ahmad Amiruddin Mohamed
    Not Available
    2017
    Unlicensed capital market activity

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

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

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

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

  • ABFund
    Not available
    2008

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

  • ABB Fund
    Not available
    2007

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

  • Asia Wallet/ ASWtrader/ Splitindex Inc
    Not available
    2007

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

  • 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

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

  • BlackBull Markets Sdn Bhd
    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

  • 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

  • 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

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

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

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

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

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

  • Cfdventures
    Not available
    2007

  • Colonyinvest
    Not available
    2007

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

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

  • CopyCash Foundation and CopyCashCoin
    Not available
    2018
    Initial Coin Offering

  • Capstone Alliance Group

  • 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

  • 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

  • Cambridge Capital Trading

  • Capital Enhancement Club / CEC
    Not available
    2007

  • CB.IRAQ
    Rashid Street, Baghdad, Iraq
    2006

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

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

  • 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

  • Data Saham
    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

  • Duit Wayang
    Not available
    2006

  • Dana Futures
    Not available
    2007

  • Dana Modal

  • Debenture Petal Trust
    Labuan
    2007

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

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

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

  • GreenFields Capital
    Carrying out unlicensed capital market activities

  • 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

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

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

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

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

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

  • 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 World Acquisition (Global World Mergers and Acquisitions)

  • 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

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

  • 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

  • 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

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

  • 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.

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

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

J
k
L
  • 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

  • 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

  • Locke Capital Investment (BVI) Ltd
    Not available
    2007

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

  • 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

  • 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

  • LUX Galaxies
    Promoting LavidaCoin initial coin offering

m
n
O
p
  • PE Group Ltd
    Unit 22-3A & 22.5, Oval Damansara, Jalan Damansara Kuala Lumpur
    2017
    Not registered to conduct private equity activities

  • Persian Move Forward Sdn Bhd
    Suite 21.02 & 03, 21st Floor, Menara Haw Par, Jln Sultan Ismail, 50250 Kuala Lumpur, Wilayah Persekutuan
    2014

  • Pantop Corporation
    21st Floor, Public Bank Tower, Jalan Wong Ah Fook, 80000 Johor Bahru
    2018
    Unlicensed activities – marketing of foreign Pre-IPO shares to Malaysians

  • PT Rex Capital Futures, Rex Capital International Management, Rex Capital Solution & Rex Capitals Malaysia
    Block B Level 11-3, Megan Avenue 1, Jalan Tun Razak, Kuala Lumpur; C-1-11, Block C, Plaza Damas 3, Jalan Sri Hartamas 1, 50480 Kuala Lumpur; and 1st Floor, 3A-1, Jalan PJS 8/10, Bandar Sunway, 46150 Petaling Jaya, Selangor.
    2017
    Not licensed by the SC to conduct regulated activities under the CMSA;

  • Pollywood
    Not available
    2017

  • Pruton Mega Holding Limited/Pruton FX/Pruton Investment Holding Limited
    Not available
    2017

  • Proven Oil Asia

  • Prestige Bullion / GB Consulting Sdn Bhd
    Not Avalaible
    2014
    Not licensed by the SC to dealing in derivatives;

  • Patrick George Harvey (individual) Passport: 1) 761052713 , 2) 099223965
    Not Avalaible
    2014

  • Pure Investor / PIPS
    2nd Floor, PT 7323, Jalan BBN 1/2E, Bandar Baru Nilai, 71800 Nilai, Negeri Sembilan
    2010, Querie 2008

  • Prowealth Solutions
    3634 Long Prairie Road, Suite 108-113. Flower Mound, TX 75022
    2006

Q
R
  • Rantau Simfoni Sdn Bhd
    Suite # 13C, Level 13, Plaza Ampang City, JalanAmpang, 50450 Kuala Lumpur
    2010

  • Raja An Nurum Muhammadun Jamil Iqbal bin Mohamed @Mohd Beta (NRIC no. 791102-01-5849)
    Conducting unlicensed capital market activities (holding out as CMSRL). Related to Mthreepttwo Rich Resources.

  • Rich Magnet Pro Sdn Bhd
    D-15-03 Emerald Avenue Jalan PS11, Prima Selayang, 68100 Batu Caves Selangor
    2018
    Carrying out unlicensed capital market activities

  • Reges Enterprise Sdn Bhd
    C-12-4, Level 12, Block C, Megan Avenue II, 12, Jalan Yap Kwan Seng, Kuala Lumpur
    2008

  • Remno Club
    623 Eagle Rock Avenue, Suite #7, West Orange, NJ07052, U.S.
    2007

  • Remisier
    Not available
    2010