Every investor is looking for high profitable investment, when they discover low or zero risk and high return via internet. They will take all their property and cash for the investment in order to not miss out the chance. They may not have realized that they are entring an illegal investment website and thought have a big “free lunch” in this world, investors will lose their money eventually.
The Securities Commission, together with the Malaysian Communications and Multimedia Commission and CyberSecurity Malaysia, has blocked access to another two websites offering illegal investment schemes to the public in Malaysia. The two websites, which have been blocked are:
www.danafutures.com
www.planet.time.net.my/KLCC/danafuture
The Securities Commission, together with the Malaysian Communications and Multimedia Commission and CyberSecurity Malaysia, has blocked access to another two websites offering illegal investment schemes to the public in Malaysia. The two websites, which have been blocked are:
www.danafutures.com
www.planet.time.net.my/KLCC/danafuture
this also can find out from lecturer blog: http://ecommerze.blogspot.com/search/label/Legal and http://ecommerze.blogspot.com/2007/06/2-more-internet-scam-sites-blocked-by.html
Investors are strongly advised to check on the licensing status of any investment scheme that they intend to invest in, with the relevant local or foreign authorities. Some websites claimed to be legal but the SC advised the public to check the list of licensed intermediaries available on the SC website: http://www.sc.com.my/ .
Malaysian police conducted major raids in Kuala Lumpur area and succeed to arrested more than 30 foreigners who operate illegal website to snared victim across the Asia-Pacific.
For those who are guilty of illegal deposit takong face jail up to 10 years or a fine of RM10million, or both. However, a person convirted of money laundering will be fined RM5 million or jail up to 5 years , or both.
Investors are strongly advised to check on the licensing status of any investment scheme that they intend to invest in, with the relevant local or foreign authorities. Some websites claimed to be legal but the SC advised the public to check the list of licensed intermediaries available on the SC website: http://www.sc.com.my/ .
Malaysian police conducted major raids in Kuala Lumpur area and succeed to arrested more than 30 foreigners who operate illegal website to snared victim across the Asia-Pacific.
For those who are guilty of illegal deposit takong face jail up to 10 years or a fine of RM10million, or both. However, a person convirted of money laundering will be fined RM5 million or jail up to 5 years , or both.
in my opinion, when we are looking for the investment, we should concern about the particular investment must supported by Securities Commission strictly and not looking for the low or zero risk and high return investment that shown on internet.
1 comments:
i think before we want to make investment through particular website,we must check the list provided by security commission...it is a very useful list...only can do investment on the company listed there...
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