Bank Negara Malaysia (BNM)

Bank Negara Malaysia recently warned the public not to participate in illegal investment or training programme on forex or foreign currency trading. All such programmes that offered by individuals or companies both domestic and foreign are included.

Members of the public are usually enticed to attend such investment or training programmes which promises a quick and good returns.

The modus operandi of such programmes includes offering free training, seminars or workshops to lure investors. During the session, investors asked to set-up an online foreign currency trading account with their parent company which they claim having a valid licence to trade foreign currency overseas.

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