SC investigating unlicensed investment schemes
The SC recently raided several locations in Kuala Lumpur and seized records and devices used by the syndicate, following complaints and tip-offs from the public PETALING JAYA: The Securities Commission (SC) is investigating a syndicate suspected of unlicensed investment schemes that had duped hundreds of investors of over RM7mil. In a statement yesterday, the SC said the investigation into the syndicate included two clone firm schemes. “The SC recently raided several locations in Kuala Lumpur and seized records and devices used by the syndicate, following complaints and tip-offs from the pu...
Source: thestar.com.my