16 investment websites on SC warning list being watched: Awang Adek
BACHOK: The Securities Commission (SC) is monitoring activities of 16 “get-rich-quick” investment websites on the SC’s warning list, Deputy Finance Minister Datuk Dr Awang Adek Hussin said. He said some of the Internet websites had cheated locals of up to RM200,000. Despite being placed on the SC warning list, the websites were still active and could be accessed by investors, he said.
“We cannot shut down the websites immediately as the virtual information technology is difficult to control,” he told reporters when asked to comment on press reports that 28 “get-rich-quick” local investment websites found to be involved in the capital market and securities without the SC’s approval could not be assessed on the Internet. However, 16 are still active.
Awang Adek said the website operators wooed Malaysians to invest in such schemes, capitalising on their weaknesses of easily falling prey to sweet promises and the greed to make big profits in a short time. Awang Adek said Malaysians must realise that actually there was no Internet investment schemes that would so easily offer high returns immediately without ulterior motive.
He, however, said the government was determined to scuttle their operations to ensure no Malaysians fell victim. He said Malaysia would not allow foreign Internet investment schemes to operate in the country as many people had fallen prey to the dubious schemes. “Their activities must be stopped so that Malaysians are not tricked and deceived by advertisements that they can become rich fast,” said Awang Adek, who is also Bachok MP.
He said investors, who had fallen victims, would normally not lodge police reports as they believed that there was still a chance of making easy money. He advised Malaysians to invest in transparent and safe schemes like Amanah Saham Bumiputera which was guaranteed by the government.
Source : BERNAMA
“We cannot shut down the websites immediately as the virtual information technology is difficult to control,” he told reporters when asked to comment on press reports that 28 “get-rich-quick” local investment websites found to be involved in the capital market and securities without the SC’s approval could not be assessed on the Internet. However, 16 are still active.
Awang Adek said the website operators wooed Malaysians to invest in such schemes, capitalising on their weaknesses of easily falling prey to sweet promises and the greed to make big profits in a short time. Awang Adek said Malaysians must realise that actually there was no Internet investment schemes that would so easily offer high returns immediately without ulterior motive.
He, however, said the government was determined to scuttle their operations to ensure no Malaysians fell victim. He said Malaysia would not allow foreign Internet investment schemes to operate in the country as many people had fallen prey to the dubious schemes. “Their activities must be stopped so that Malaysians are not tricked and deceived by advertisements that they can become rich fast,” said Awang Adek, who is also Bachok MP.
He said investors, who had fallen victims, would normally not lodge police reports as they believed that there was still a chance of making easy money. He advised Malaysians to invest in transparent and safe schemes like Amanah Saham Bumiputera which was guaranteed by the government.
Source : BERNAMA
No comments:
Post a Comment