Bursa Malaysia warns of investment scams impersonating legitimate institutions

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KUALA LUMPUR: Bursa Malaysia Bhd is advising investors to be on high alert to protect themselves and others from becoming victims of investment fraud.

is advising investors to be on high alert to protect themselves and others from becoming victims of investment fraud.

"In times of uncertainty, such as the current COVID-19 pandemic, scammers try to lure victims into participating in dubious investment schemes and activities. It said investment scams typically carry the Bursa Malaysia name and logo on marketing-related materials and social media postings, offering high investment returns with a guarantee of little or no risk.

 

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 /  🏆 4. in KR

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Bursa Malaysia warns of investment scams impersonating legitimate institutions | Malay MailKUALA LUMPUR, June 4 — Bursa Malaysia Bhd is advising investors to  be on high alert to protect themselves and others from becoming victims of investment fraud. The exchange operator said it has recently observed an increase in the number of scams involving the misuse of the Bursa Malaysia...
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