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Watch out for scams using Telegram and Whatsapp chat groups!

today10 March 2025

Background

Unsuspecting investors are being put into Whatsapp and Telegram group chats without invitation, with scammers claiming to be experts promoting non-existent investment products. 

 

Be aware that most chat group members are part of the scam scheme, sharing fake testimonials to ensnare new victims. Scammers would then ask for payments to be deposited into mule bank accounts. Stay smart, stay vigilant!

 

This message is brought to you by the Securities Commission of Malaysia. For more information, visit www.sc.com.my.

 

Written by: Farah Qistina


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