Malaysia SC Updates Investor Alert List: 17 Unauthorized Entities Added in February 2025

The Securities Commission Malaysia (SC) has updated its Investor Alert List, 17 unauthorized websites, investment products, companies or individuals were added to the warning list in February 2025 (until February 24).

Please take note that this list is not exhaustive and only serves as a guide to investors prior to making any investment decisions.

The following person(s)/entity(ies) was/were added to the list in February 2025:

• Potential clone entity - JP Morgan Securities

• Potential clone entity - FSMOne Malaysia

• ​Potential clone entity - Wellfarer Group

• ​TradeNexus 9.3 GPT

• ​PVTC / PVTC MAX

• ​SERICREST Pro

• Potential clone entity - Amber Capital / AC Group / AC Wallet

• ​Potential clone entity - Truth Sdn

• ​Miyo Trade International

• ​Finance Legend

• ​Evogates

• ​IUX

• ​Markets4you

• Potential clone entity - Vertex Ventures

• ​Insta Bitcoin

• ​Saham Trade Pro

• ​Potential clone entity - Syarikat Manulife

The list is updated periodically for public reference.