Fraud investment scheme: Ensure investment companies have prospectus - MHO

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Many people are easily convinced by the information memorandum issued by a company so much as they decided to make an investment. theSun theSundaily fraud scammers InvestmentOpportunity investments Malaysia

: Members of the public who wish to make investment offered by any company need to ensure that the company has a prospectus certified by the Securities Commission to avoid being caught in investment scheme scams.

“One of the interesting things about this prospectus is that the risks for the investment are also stated. Invest in a company that is regulated, that has compliance and has a prospectus approved by the SC,“ he said in the Ruang Bicara programme aired by Bernama TV, yesterday. “This information memorandum tells about investment details but there are no checks and balances, for investors, investing in companies whose prospectus has been approved,“ he said.

 

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