KUALA LUMPUR: Almost 200 social media sites and over 100 websites have been blocked by the Securities Commission for promoting or selling illegal investment schemes, says Lim Hui Ying.
Enforcement has also been taken against several entities with eight charges having been filed in court by SC against them. “Actions were taken accordingly once their violations were proven after investigations were concluded with the cooperation of other relevant authorities. “The SC has also issued several press releases on the modus operandi of the latest widespread fraud investment schemes which we advise the public to educate themselves with,” she said during a special Parliament session on Monday .
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