Be wary of dubious investment schemes that use the name of legitimate financial planning firms.
In a statement today, FPAM warned that scammers would use financial planning companies' key names on bogus companies to confuse the public and add them to social media chat groups while pretending to represent legitimate financial planning firms.
The association said that nine financial planning firms -- all of them members of the association -- have had their names cloned to promote illegal schemes.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Group warns of financial planning scams | The Malaysian InsightGrifters promise high returns, offer bogus investor testimonials, says FPAM.
Read more »
Orang ramai dinasihat waspada penipuan firma perancang kewangan palsu | The Malaysian InsightFPAM berkata ia tawarkan skim pelaburan meragukan dengan pulangan tinggi dan berkongsi testimoni pelabur palsu.
Read more »
DBKL to hold engagement sessions for PSKL2040 draft final amendment reportKUALA LUMPUR, April 11 — Kuala Lumpur City Hall (DBKL) will hold engagement sessions with the public and stakeholders for its final amendment report of the Kuala Lumpur Structure...
Read more »
Cops complete probe into Chinese tourist’s extortion claim | The Malaysian InsightKuala Lumpur police say the investigation papers have been sent to the Attorney-General’s Chambers.
Read more »
Anwar breaks fast with media, artistesKUALA LUMPUR: Datuk Seri Anwar Ibrahim broke his fast with media practitioners and local artistes at Dewan Merdeka, Kuala Lumpur World Trade Centre (WTC), today (April 11).
Read more »