News Formal

SSM received 591 complaints regarding investment fraud, says its chairman

  • 📰 staronline
  • ⏱ Reading Time:
  • 30 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 46%
  • Publisher: 75%

SSM Nouvelles

Complaints,Investment Fraud,Interest Schemes Act

There's likely no shortage of people who would pay to work for Rihanna, a global superstar and the wealthiest female musical artiste in the world. Victoria’s Secret just found out how expensive it is to lure a chief executive from one of her companies.

SEREMBAN: The Companies Commission of Malaysia received 591 complaints related to companies offering fraudulent investments and under the Interest Schemes Act 2016, for the period 2022 until last July.

"A total of 28 investment frauds and three cases of Interest Scheme Act 2016 fraud were recorded in 2022 and it rose sharply to 320 cases last year involving investment fraud while the Interest Schemes Act 2016 was 46. He said in addition to fraud investment, the commission also received complaints about welfare fund donation schemes.

He added that 123,570 businesses were registered under the Free Business Registration Scheme since it was introduced in 2021 and from the total, 57,953 involved IPT students and the remaining number involved entrepreneurs from the B40 group.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 4. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Companies Commission launches ‘Corporate Code of Ethics’ free e-book to champion integrity and anti-corruptionKUALA LUMPUR, Aug 3 — The Companies Commission of Malaysia (SSM) has launched the “SSM Corporate Code of Ethics” book to emphasise its steadfast commitment to integrity,...
La source: malaymail - 🏆 1. / 86 Lire la suite »

64 companies limited by guarantee approved to collect donationsKUALA LUMPUR: The Companies Commission of Malaysia (SSM) today revealed that 64 companies limited by guarantee (CLBGs) have applied and received appro...
La source: theSundaily - 🏆 25. / 51 Lire la suite »