11-08-2021
Notice to the Public: Don’t Let Your Guard Down – Beware of Financial Scams!
Always exercise extreme caution if you are offered a financial scheme and take precautionary steps to avoid falling for scams.
Here are 6 ways to protect yourself and your financial interest:
- Deal only with individuals/entities who/that are registered or licensed by the Securities Commission Malaysia and/or the Federation of Investment Managers Malaysia.
- Ask questions and request for important information to verify the identities of the individuals/entities you are dealing with and to understand their products or services before investing. Example: Ask for their Authorization Card from the relevant authorities.
- Don’t be pressured or rushed into making an investment decision. If unsure, check with the relevant authorities before investing/depositing any monies with any person or company.
- Be skeptical of any investment opportunity that is not in writing or ‘too good to be true’.
- With the increase of online scams, beware of investment advertisements over the internet.
- Keep your personal information secure (MyKad number, address, bank details, existing investment details, etc).
For more details, please visit:
- Securities Commission Malaysia
- Securities Industry Dispute Resolution Center (SIDREC)
- Bank Negara Malaysia
- Federation of Investment Managers Malaysia
Please contact your Adviser or Investor Services at 1-800-88-3737 or email [email protected] for any other assistance.