Securities Commission probes syndicate suspected of running five unlicensed investment schemes | Malay Mail

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Securities Commission probes syndicate suspected of running five unlicensed investment schemes | Malay Mail
مصر أحدث الأخبار,مصر عناوين

KUALA LUMPUR, March 31 — The Securities Commission Malaysia (SC) is investigating a syndicate suspected of running five unlicensed investment schemes, including two clone firm schemes, that had duped hundreds of investors of more than RM7 million into unlicensed investment activities. The capital...

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Wednesday, 31 Mar 2021 04:28 PM MYT

The capital markets regulator said it recently raided several locations in Kuala Lumpur and seized records and devices used by the syndicate, following complaints and tip-offs from the public. According to the SC, initial investigations showed that the syndicate had been operating at least five unlicensed investment schemes since 2016, namely Amal Trust , Asia Equity Ventures, Equity Global Business, Lindale Ventures, and Waheed Ventures .

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مصر أحدث الأخبار, مصر عناوين

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