Be wary of scammers posing as Bursa Malaysia, financial institutions

Bursa Malaysia Berhad (Bursa Malaysia) urges the public to be wary and alert of online investment scams.

“Scammers usually try to lure unsuspecting members of the public into participating in dubious online investment schemes and activities by mimicking legitimate financial institutions. In some instances, scammers have also been claiming to represent the Exchange by misusing the Bursa Malaysia logo to reinforce their claims or to conduct unlicensed transactions,”  Bursa Malaysia said in a statement today.

“If you receive unsolicited and/or suspicious communications relating to, or claiming to be agents of Bursa Malaysia, we recommend contacting us directly at 03 – 2732 0067 or email at [email protected] to authenticate the content of any such communication,”  the exchange said in a statement today.

Bursa Malaysia also urges the public to only invest with licensed partners.To view the updated list of unauthorised websites, investment products,companies and individuals, please visit Bursa Academy at:https://bursaacademy.bursamarketplace.com/en/sc-investor-alert.

In addition, it recommends that investors observe the following precautionary measures:

• Check if the transaction is legitimate before making any payments

• Keep your personal information and data private

• Avoid replying suspicious emails, calls, or text messages

• Avoid suspicious website links or attachments which could potentially harm your devices with a virus

• Clarify the legitimacy of an investment with relevant authorities such as BursaMalaysia or the Securities Commission Malaysia

• Report to the authorities if you have been harassed or pressured to make a suspicious transaction or investment. –TMR/ Graphic by M ZUKRI