Beware of online investment scams, urges Bursa


KUALA LUMPUR: Bursa Malaysia Bhd reminded the public to beware of online investment scams and to invest only with approved partners.

In a statement, the stock market operator said scammers are impersonating legitimate financial institutions in an attempt to lure unsuspecting members of the public into participating in questionable online investing programs.

“In some cases, crooks have also claimed to represent the exchange by misusing the Bursa Malaysia logo to bolster their claims or to conduct unlicensed transactions,” he said.

An updated list of unauthorized websites, investment products, companies and individuals is available at the following link to Bursa Academy:

Bursa recommends that investors observe the following precautionary measures:

  • Check if the transaction is legitimate before making any payment
  • Keep your personal information and data private
  • Avoid responding to suspicious emails, calls or texts
  • Avoid suspicious links or attachments that could harm your
  • devices with a virus
  • Clarify the legitimacy of an investment with the competent authorities such as Bursa
  • Malaysia or Malaysian Securities Commission
  • Report to authorities if you have been harassed or pressured to do a suspicious act
  • transaction or investment.

To report any unsolicited or suspicious communication regarding or claiming to be agents of Bursa Malaysia, the operator can contact directly on 03-2732 0067 or send an email to [email protected] to authenticate the content of such communication.

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