SC to block investment websites by June 11th
An alternative title for this post is “Get your money out NOW!”.
The Securities Commission of Malaysia has announced that all fraudulent websites will be blocked from 11th June onwards. This is to prevent more people being duped into giving their money into unscrupulous and unmonitored websites currently being heavily promoted here.
In Malaysia, it is illegal to collect deposits from the public without any approval from the government through the central bank. Though most of the websites that collect the money are based outside of the country, it seems that majority of their investors are Malaysians.
After checking out the list, below are some sites that I’ve heard of;
swisscash (a lot of people joined this)
eaindex.com (a few of my friends is involved in this one)
ipcshopping.com (friends who didn’t call me for a few years finally did and asked me to join this, I declined).
