License Absence Alert: SC Warns Unlicensed Financial Service Providers in March

The Securities Commission Malaysia (SC) has updated its Investor Alert List for March 2025.

Financial regulators in Malaysia do not authorize the entities on the List and warn of the risks brought by the service providers.

This list is not exhaustive and only guides investors before making any investment decisions, the Malaysia SC reminded.

Unlicensed entities

The unlicensed entities are warned by the SC for carrying on capital market activities.

Scammers in Malaysia are promoting fraudulent investment schemes on social media and promising unbelievable returns. Though the SC has named some of the scammers on its Alert List, more financial criminals are waiting for their prey.

Saham PDI Syariah

Social media: https://t.me/cuuccsc

Warning notice: This is an illegal investment scheme that claims to offer high returns of RM45,000 in 3 hours with of RM1,000.

Trading Untung Malaysia

Social media: https://t.me/TradingMly99

Warning notice: This is an illegal investment scheme that claims to offer high returns of RM 7,500 with a capital of RM 300.

Trade Pro

Social media: https://t.me/pro_trrader03

https://t.me/Amanah_saham_berhad119

https://t.me/+qYopYFmWxLRmNmFl

Warning notice: This is an illegal investment scheme that claims to offer high returns of RM10,000 in 3 to 6 hours with of RM500.

Sahabat Trade Pro / Trade Pro Investment

Social media: https://t.me/sahabat_aaa_binari

Warning notice: This is an illegal investment scheme that claims to offer high returns of RM10,000 in 3 to 6 hours with of RM500.

Bitcoin Investment

Social media: https://t.me/+wJZEWEQ6BTJlZGZl

Warning notice: This is an illegal investment scheme that claims to offer high returns of RM15,000 in 3 to 6 hours with of RM500.

One Trade Investment

Website: https://onetrade-securities.com/

Warning notice: This is an illegal investment scheme.

INF-9

Download link: https://play.google.com/store/apps/details?id=com.ifprotstok.app&hl=en_AU)

https://apps.apple.com/my/app/inf-9/id6741678397

Warning notice: This is an illegal investment platform.

SILEGX

Website:

https://www.silegxfg.com/#/

https://www.silegx.com/

https://www.silegxbc.com/

Social media:

https://x.com/SILEGX_Malaysia

https://www.facebook.com/SilegxMalaysia

https://www.youtube.com/@SILEGXMalaysia

www.silegxuv.com

Warning notice: This is an unregistered digital asset exchange.

World Trading Developer Investment

Website: https://www.wtdi.info/

Warning notice: This is an illegal investment scheme.

XGI Horizon

Website: https://www.xgihorizonglobal.com/index.html

FY-VIEW

Website: https://foyaview.ai/#/

Download link:

https://play.google.com/store/apps/details?id=com.kayansalma.moaqeetalsalakldol&hl=en

https://apps.apple.com/my/app/fy-view/id6742779105

Rizq Nasional

Website: https://www.rizq-nasional.com/ms/

Warning notice: This is an illegal investment scheme.

Potential clone entity

According to the Malaysian financial regulator, the potential clone entities carried out illegal investment schemes or unlicensed capital market activities.

They often misused details of authorized firms, such as names and the watchdog's name and logo.

Golden Palm Academy&nbsp

Website: https://www.goldenpalmacademy.com/

Warning notice: This could be a clone entity that operates an illegal investment scheme.

Tokenize

Warning notice: This is an illegal investment scheme that misused the name and credentials of the SC-registered digital asset exchange, Tokenize Technology (M) Sdn Bhd.

Sahamwawasan

Warning notice: This could be a clone entity that operates an illegal investment scheme.

Usmart / Usmsg

Download link: https://play.google.com/store/apps/details?id=com.devmahyou.textedecondoleances&hl=en

Warning notice: This could be a clone entity that operates an illegal investment scheme.

Sinar Empayar

Website: https://empayarsinar.com/

Warning notice: This could be a clone entity that operates an illegal investment scheme.

Uphold

Warning notice: This could be a clone entity that operates an illegal investment scheme.

Impiana Prima

Website: https://www.impianaprima.com/

Warning notice: This could be a clone entity that operates an illegal investment scheme.