These fraudulent letters and emails are allegedly linked to illegal investment schemes seeking payments from investors, supposedly on behalf of the SC. There are also claims by the fraudsters impersonating as SC to scam victims that they would be able to recover their losses for a “fee”.

The SC would like to state that these are false representations.

As a regulatory body, the SC does not endorse any investment schemes or solicit monies from the public in such capacity.

The SC views this matter seriously.

The regulator has taken immediate steps, including lodging a police report over the matter. Where applicable, it has added the involved entities to its Investor Alert List here.

The SC would like to urge public to be cautious and to verify any investment offers through the SC’s Investment Checker at www.sc.com.my/investment-checker.

If you receive any requests for payment claiming to be from the SC or its staff, please contact the SC’s Consumer and Investor Office at [email protected] or call 03 - 6204 8999 to verify or to report it.