Malaysian SC Issued a Warning on 2 Unauthorised Entities

　　According to the updates, the two companies are conducting suspicious capital market activities but without a licence from the SC. Here is the list:

　　1. Pelaburan Bijak Malaysia

　　• Illegal investment scheme offering high returns e.g. return of RM15,000 in 6 hours with investment of RM1,000

　　• Carrying on unlicensed capital market activities of dealing in securities

　　For details:

　　• https://pelaburanmalaysia.com/

　　• https://t.me/pelaburanbijakmalysiaa

　　• https://t.me/PelaburanBijakMalaysia

　　2. Potential clone entity – Elzar Trading Group

　　• Possible clone operating an illegal investment scheme offering high returns e.g. return of RM640 with investment of RM164

　　• Carrying on unlicensed capital market activities of dealing in securities

　　• Misrepresentation, misuse of SC's name and logo

　　For details:

　　• https://www.facebook.com/Trade-Global-new-112206250245467

　　• https://www.facebook.com/Elzar-Trading-Group-111642321172525

　　• https://www.facebook.com/Dr-Zaharuddin-Blog-108701431836578

　　• https://www.facebook.com/Zaharuddin-blog-109687871740475

　　• https://www.facebook.com/DrZaharuddin-114343661271069

　　As a self-funded statutory body entrusted with the responsibility to regulate and develop the Malaysian capital market, the watchdog is here to inform investors that the two firms do not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities under the Capital Markets and Services Act 2007.