Merdeka Month Special: 1st August – 31 Aug 2023

Merdeka Month Special: 1st August – 31 Aug 2023
August Bonus Campaign: Online Exclusive First Month Free

15 March 2022

1,000% Returns within 24 hours? Read here!!!

100% returns within 24 hours?
Too slow already lah.
What about 1,000% returns within 24 hours?
Sure bo?

If interested, kindly click this link to join our Telegram group. Wait no more, this group not everyone can join ya, only for those who receive this invitation!

Read here...

Hello, congratulations. πŸ‘πŸ‘πŸ‘

You have a very high potential to falls into a scam in Malaysia. ⚠⚠⚠ This is one of the common methods used by scammers to find victims who are greedy and looking for fast unrealistic returns over a very very very short period of time. πŸ‘€

Since January 2022, the SC has received a total of 47 complaints and enquiries on illegal investment schemes promoted through Telegram.

Why Telegram? (How I know ohhh... You ask them...)

These fraudulent schemes offer non-existent investment opportunities, promising very attractive and risk-free returns within a short span of time. They commonly offer unrealistic returns of as high as 1,000% within 24 hours or even within a few hours.

The perpetrators use various names to carry out the investment scams. They may also impersonate or clone licensed capital market intermediaries by using the names, logos, credentials, websites and other details of the legitimate entities to promote the illegal schemes.

Perpetrators of these scams will create a public group on Telegram to promote these investment packages that are usually accompanied by fake testimonies and sometimes advertised as being Shariah-compliant. Interested investors will be asked to directly message the representatives to begin investing in the various investment packages offered.

Deposit money into Personal Bank Account? πŸ’’

Additionally, investors are often instructed to deposit monies into personal bank accounts of individuals who claim to represent a legitimate entity, and/or into an unrelated corporate account. To lend credence and to lure unsuspecting victims, perpetrators usually claim that their entity and/or the investment schemes are approved by financial authorities.


As such, the SC would like to remind investors to always exercise caution when evaluating investment opportunities, especially those promising unrealistically high returns with little or no risk. Investors should also NEVER deposit money into someone’s personal bank account if instructed.

The SC urges the public to refer to the SC’s Investor Alert List before investing. The list contains details of unauthorised websites, investment products, companies and individuals.

Members of the public who suspect that they have been approached by unauthorised firms or individuals offering schemes that promise unrealistic returns may lodge a report with the SC’s Consumers and Investors Department at 03-6204 8999 or email:

Fyi, we at Finance Malaysia don't have any Telegram group ya πŸ˜„

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