Thursday, August 3, 2017

illegal Investment Company under BNM (updated August 2017)

On 1st August 2017, Bank Negara Malaysia (BNM) has released a new update for illegal Investment Company which are neither authorised nor approved under the relevant laws and regulations administered by BNM. The list only serves as a guide to members of the public based on information and queries received by BNM. Most of the company in the list are Illegal Foreign Exchange Trading Scheme and Illegal gold investment company. The company/individual listed as illegal because they're not an authorised dealer or has not obtained the permission of the Controller of Foreign Exchange under the Exchange Control Act 1953 (ECA). It is also illegal to trade foreign currency by a resident who is not an authorised dealer, with a person outside Malaysia, or by a resident who has not obtained the permission of the Controller of Foreign Exchange under the ECA.

BNM list

illegal company

Illegal Investment Company under BNM:
1. 1globalcash
2. 1Gold.com.my (www.1gold.com.my)
3. 3Sixty Venture Capital PLC (www.empire3sixty.com)
4. A.A.M Global Corporation Sdn Bhd
5. Ace Global Sales & Services
6. Ace Dimension Network Sdn Bhd
7. AE Group Holding Pte. Ltd. (201322498-D) (www.aevfc.com)
8. Agarwood Venture (002273031-A)
9. Agar Wood Chamber of Commerce Malaysia
10. Ahmad Zulkhairi Associates PLT ( LLP0009065) (www.fx10capital.com)
11. Ajuwah Realty Sdn Bhd (966604-D)
12. Ajuwah Agencies Sdn Bhd (966604-D)
13. Ajuwah Consultancy
14. Alpari (Asian) Ltd
15. Al-Saliha Worlwide Sdn. Bhd. (628267-M)
16. Amazing Yields Sdn Bhd (891529-V)
17. Amethyst Gold Creation Sdn Bhd (951063-K) (www.powergoldclub.com) (www.powergold999.com) (www.powergold.biz)
18. APS Asia Plantation Sdn Bhd (984575-T)
19. Arba Emas Perak (SA0280035-A) (www.arbaemasperak.com)
20. Aruna Travel
21. Asas Seroja Sdn Bhd (357014A)
22. Ashnik Holdings (M) Sdn Bhd (1124601D)
23. Ashnik Trading (002369914-W)
24. AsiaLink Globe Capital (www.com-agc.com)
25. Astral Progress Sdn Bhd (989294-K)
26. AU Niaga Sdn Bhd (907806-W)
27. AU79 International
28. Aurawave Marketing Sdn. Bhd (www.aurawave2u.com)
29. Axis Capital Corporation Ltd (www.axiscapitalcorp.com)
30. Aziera Gold Enterprise (NS0133976-K)
31. BC Academy Sdn Bhd www.bookcoinsmalaysia.com
32. BC Bullion Sdn Bhd
33. Berkat FD Sdn Bhd
34. BFS Markets Ltd (www.bfsforex.com)
35. Binary Indulgence Sdn Bhd (963258-W)
36. BitKingdom (www.bitkingdom.org)
37. Build Rich Mining Group Bhd (1006586-T) (www.buildrich.us)
38. Build Rich Investment Group Ltd
39. Build Rich Group Holding
40. Build Rich Agrotech Berhad
41. Build Rich Enterprise
42. Bumi Klasik Warisan Enterprise
43. Capital Asia Group (M) Sdn Bhd (www.capitalasiagroup.com)
44. Carbon Cash Bhd (1218702-K) (carbontoken.com) (goalgreen2u.com)
45. Cash Deal Sdn Bhd (Boss Venture) (www.bossventure.com)
46. Celik Emas Enterprise (0021517795-K)
47. Changkat Agro Resources (IP 0353991V)
48. CG international
49. CGF Fine Metal Sdn Bhd
50. Classic Worldwide Corporation (M) Sdn Bhd (773082M) (www.cwc.com.my) (programarba.blogspot.my)
51. Climate Protectors Sdn. Bhd
52. Coin Enterprise Ltd (Livecoin.net)
53. Crowd Care Sdn Bhd (lifeengineering.com.my)
54. CTK Network (CTK2U.com)
55. Classic FX Venture
56. CybertrustFX
57. CYL Asia Enterprise
58. CYL4U Resources (www.cyl4u.com)
59. CYL Peoria Enterprise
60. CYL Prospect Trading
61. Danatama Millennium Sdn Bhd (819082-U)
62. Dana Haji Jasman
63. Darul Emas Perak Bhd
64. DBB Star Sdn Bhd (1110055-M)
65. Degold Empire Sdn Bhd (882335-M)
66. Delta Wealth Services (002194713-K)
67. Destiny Resources Services
68. Dgreat Network (info.simplebisnes.com)
69. Dinar Dirham Global (www.dinardirham.com) (www.dinardirham.online)
70. DM Rise Enterprise (PG 0262929-H)
71. DNA Profile Sdn Bhd (245435-W)
72. Dream Success International Sdn Bhd (1002002-P) (www.Surewin4u.com)
73. Dynamic Wira Marketing Sdn Bhd - Skim Beras 1 Malaysia
74. Dynasty Worldwide Sdn Bhd (800311-D) (www.dynasty-worldwide-net) (www.dynastymf.com)
75. Eagle Aeronautics (M) Sdn Bhd (796603-A)
76. East Cape Mining Corp
77. Ecobit
78. Ecofuturefund (www.ecofuturefund.biz)
79. Efzinitus Capital Pte Ltd (www.efzinitus.com)
80. Emgoldex (Emirates Gold Exchange)
81. Empire Five Trading (www.mikadofx.com)
82. Energetic Gateway Sdn Bhd (511826-X)
83. Epic Palms Bhd (epicpalmsberhad.com)
84. Ethtrade Limited (ethtrade.org)
85. Ethtrade Malaysia
86. Everise Fumigation Sdn Bhd (861654-K)
87. Exorbitance Influence Sdn Bhd (1191499-U) (www.krubal.com)
88. Exquisite Bottle Index Sdn Bhd (1060843T) (www.xbi.com.my)
89. Extra Capital Programme (extracapitalprogram.com)
90. Ezey Marketing
91. E-Qirad Sdn Bhd (595699-D)
92. FA Markets
93. Family Wealth Resources (SA0310508-M)
94. Fari Group Global Resources (SA0319984-M)
95. FBS Malaysia (fbsmy.com)
96. FE Brands (M) Sdn Bhd (1000656-H)
97. Flexsy Enterprise & Barrilorne Corp
98. FNZ Capital Limited (www.intelfx.com)
99. Fortrend International Sdn Bhd (876619-X)
100. Forexnova (www.facebook.com/forexnovamalaysia)
101. Futurebarrel.com (futurebarrel.com)
102. Future Trade Indojaya Sdn Bhd (1003327-P) (ftindojaya.blogspot.com) (www.ft-indojaya.com)
103. FXBitlab Holdings Sdn Bhd (1212832-T) (www.fxbitlab.com)
104. FxUnited Malaysia (myfxunited)
105. FXUnited Power Sdn Bhd (1146795-M) (www.fxunitedpowerinternational.com)
106. FXZN Zenith Limited (www.fxzn.com)
107. FXZN Investment Limited
108. FXZN Zenith Management Limited
109. FX Primus Ltd (trivfx.com)
110. Gain FX Capital Sdn Bhd (www.gainfxcapital.org)
111. Gan Patt Services
112. Ganding Wawasan Trading (TR0133766-A)
113. GGC Aquaculture Sdn Bhd (1044976P)
114. GGF Golden House Sdn Bhd (803753-W)
115. GGT Golds Sdn Bhd (547290-D)
116. Global Creation Trading
117. Global Golds Trading (JM0518201-W)
118. Global Peace Loving Family (www.globalpeacelf.com)
119. Global Tijari Holdings Berhad
120. Global Tijari Industries Sdn Bhd
121. Global Venture Financing (globalventurefinancing.com)
122. Global Wave Gold Corporation (globalwavegold.com) (gwgfx.com)
123. Gold Bullion World Sdn Bhd (1018604-A) (goldenworld.com.my)
124. Gorgeous Chain Sdn Bhd (841928-P)
125. Grand View Golden Success Sdn Bhd (638186-X) - Golden Maximum
126. Great Access Sdn Bhd (517965-X)
127. Green Buck Resources Sdn Bhd (851115-A)
128. Greenmillion Agrosolution Enterprise (greenmillionagrisolution.blogspot.com)
129. Green Forest Global Sdn Bhd (987049-P)
130. GTGVIP (www.gtgvip.biz) (www.gtgvip.net)
131. HAFX Global Venture Sdn Bhd
132. Harvest Reliance Consultancy Sdn Bhd (965589-W)
133. HEA Teguh
134. Hexa Commerce Sdn Bhd (645798-X)
135. HG Resources Sdn Bhd (www.highwayrich.com) (www.highwayrichclub.com) (www.highwaygroup2u.com)
136. HiFX Asia (HiFX) (www.hifx2rich.com)
137. Highway Group Resources (www.highwayrich.com) (www.highwayrichclub.com) (www.highwaygroup2u.com)
138. Hin Huat Auto Sparts (TR0005484-X)
139. Holiday Express Asia
140. Honest Group Ltd
141. Hupro International Inc
142. I & A Global Community Network
143. Iconhill Holding Sdn Bhd (810775-P)
144. IGC Diamond
145. IGOFX (www.facebook.com/IGOFXinvestment)
146. Infinity Star International Sdn Bhd (851864-T)
147. Instaforex
148. Instagroup Resources (JM0531870-X)
149. Inter Pasicfic Soyy Enterprise
150. Iridian Ventures PLT (LLP0002569-LGN):
151. IronFX Solid Trading
152. Isothree Gold Sdn Bhd (906561-K)
153. Itradex (www.itradexsystem.com)
154. Jalatama Management Sdn Bhd (929594-W) (www.jalatama.com)
155. Jazlaan Enterprise
156. Jihadfarisha Ventures (www.dpkingfx.weebly.com)
157. JJ Commerce Trading (SA0399365P)
158. JJ Global Network (www.jjptr.com)
159. JJ Online Enterprise (SA0399360K)
160. JJ Poor To Rich (www.jjptr.com)
161. JJPTR (www.jjptr.com)
162. JM Communications & Technology Sdn Bhd (702054-V)
163. JMI Global
164. JTGold
165. Kelab Kebajikan dan Sosial Tun Teja Malaysia (yds2u.com)
166. Kelab Kebajikan Sosial Malaysia (VVIP88)
167. Keenan Capital Group (www.kcgtraders.com) (www.keenonlinefx.com)
168. Keenan Prestige Services (002095851-P)
169. Keenan Brilliant Services (002021597-V)
170. Kembara Jutawan Crypto (www.facebook.com/svdmalaysia) (www.cryptobeggar.net)
171. Khaira Sakinah Resources (CT0018249-R)
172. Kilauan Padu Services Sdn Bhd (KPSSB) (657711-X)
173. KL FxUnited Club
174. Kris Plus Enterprise (IP0238424-A)
175. Kudaemas (www.kudaemas.com)
176. L & L Property Ventures SB (1186992T)
177. Lestari2U (www.lestari2u.com)
178. Liberty Reserve (www.libertyreserve.com)
179. Life Time Holidays Sdn Bhd (727129-U)
180. Live Coin Express
181. LocalAdClick (localadclick.net)
182. LocusNetwork4u.com (locusnetwork4u.com)
183. LS Gold Bullion Sdn Bhd (235435-H)
184. Mama Captain International (www.mamacaptain.com) (www.barrel2u.com) (www.mamaharbour.com)
185. Marco Robinson Sdn Bhd (www.marcorobinson.com)
186. Mari Wholesale (M) Sdn Bhd (556117-T)
187. Maxim Capital Ltd. www.maximtrader.com
188. Maza Network Sdn Bhd (1006389-H)
189. MBI International Sdn Bhd (873323-V) (www.mbiv2u.com)
190. McRen Oceanus Sdn Bhd (908484-X)
191. MD Venture Group Sdn Bhd (1058936U)
192. Meccafund Family Malaysia
193. Mecca Fund Global (MFG) (meccafundglobal.com) (makkahislamichotel.com) (mekahalsafwah.blogspot.my)
194. Mega Dynasty Sdn Bhd (931589-V)
195. Megaherbs Bioextreme (001946380-K)
196. Megah Mewah Trading (SA0295909-A)
197. Mface International Sdn Bhd (978203-V) (www.mbiv2u.com)
198. MGCfx (www.mgcforex.com)
199. MGC Capital Sdn Bhd (www.morgagecapitals.com)
200. MGSB Holding Sdn Bhd (www.mgsb.org.my)
201. MH Secret Wealth Enterprise (NS0122059A)
202. Mi1 Global Sdn Bhd (1145697-X) (http://mymi1millionaire.org)
203. Million Jade Sdn Bhd (www.millionjade.com)
204. Miracle Day Trading (JR0047390-V)
205. Mohamad World Enterprise
206. MonSpace (M) Sdn Bhd
207. MOP Consultant Sdn. Bhd (101867-W)
208. Mughniwave International Sdn. Bhd. (1163697-W) (mughniglobal.com)
209. MX3 World Wide ((mx3worldwide.com)
210. My Cameron Hills Sdn Bhd (984170M)
211. MyHowk Ling
212. Nahana Golbal Resources (00211411-M)
213. New Gen Food Sdn Bhd (1186962X
214. Nexgain Malaysia Sdn Bhd (773854-D)
215. Next Generation Mall
216. NGR Asia Group Sdn Bhd (1138129-M) (www.ngrasia.com)
217. NGR Global Sdn Bhd (UT0004411-H)
218. Nory Motor (TR0023237-H)
219. Norry Setia Ent (TR0103958-M)
220. NTB Agencies dn Bhd (1039052-M)
221. O2 Only One
222. Ocean Century International Limited (www.ODFX.com)
223. OCI Management Sdn Bhd (1042036X) (www.ODFX.com)
224. OCI Venture Sdn Bhd (1039926H) (www.ODFX.com)
225. ODFX (www.ODFX.com)
226. OG1 Asean
227. OLTA Capital Management Inc.
228. One AutoCash (www.clubautocash.com/ www.1autocah.com)
229. Only One International Sdn Bhd (1195288W)
230. Orion Healthcare Management Services Sdn Bhd
231. Orion Prokasih (M) Sdn Bhd
232. Ostim Academy (002443002-A) (www.ostimint.com)
233. Overseas Delight Sdn Bhd (614245-W) (www.arowana2u.com)
234. Pancar Mayang Sdn Bhd (527196-H)
235. Pars Pay Sdn Bhd (813378-V)
236. Pegasus Bullion (www.pegasusbullion.com)
237. Perfway Traders Sdn Bhd (918583-V) (www.perfway.com)
238. Perniagaan Jatidana Wawasan (M) Sdn Bhd
239. Perubatan Islam Seiring Syariat Al-Ikhlas
240. Pioneer Forest Sdn Bhd (1069104M) (www.abunur.com) (rezekipasif.blogspot.my)
241. Pertubuhan Kebajikan Komuniti Malaysia (PKKM) (www.pkkm.my)
242. Pok Din Consultance & Services (www.pokdinempire.com)
243. Pok Din Empire Sdn Bhd (1130978-D) (www.pokdinempire.com)
244. Power Trade Asia Sdn Bhd (933528-T) (www.kuasaforex.com.my)
245. PPC Storm
246. Preferred Credentials Sdn Bhd
247. Premier Ventures Gold
248. Prestige Dairy Farm (M) Berhad (832757-A)
249. Proficiency Management and Services (002532706X)
250. Profit Web Sdn Bhd
251. Program 10 Bulan Forex Trading
252. Program I-Rich
253. Pro Infinity Ltd (proinfinity.com)
254. Projek Duit 2012
255. Provisio Multimedia
256. Pruton Mega Holding Limited
257. PTM4U (passport2u.com)
258. Public Golden House Sdn Bhd (806825-M)
259. Puncak Hartawan Resources (0000097980-T)
260. Quantum Capital Program (www.quantumcapitalprogram.com) (www.berjayaforex.com)
261. Ram Kris Venture (0024165647-K)
262. RCFX
263. RC Group
264. RC Group Sdn Bhd
265. Real Biz Pasif
266. Real Ingenious Sdn Bhd (926598-U) (www.worldfocus.co)
267. Relax Green Enterprise (PG0415537X)
268. Rejab Trading (TR0115248-A)
269. Rejabwealth Sdn Bhd (1005424-X)
270. Reza Anuar Seven
271. Retro Titan Sdn Bhd
272. RGCX Trading Corp (www.goldrgcx.com/ www.rapidgcx.com)
273. Richway Global Venture (www.richwayventure.com) (www.richwayventure.info)
274. Richway Green Venture (PG0406414M)
275. Rimbun Tekad Realty Sdn Bhd (966620-V)
276. Rimbun Tekad Consultancy Sdn Bhd (966620-V)
277. Rising Premium Sdn Bhd (285572-P)
278. RMMUDAH.COM
279. RM20segera.com (www.rm20segera.com)
280. RN Corporate Services Sdn Bhd
281. Rowther Technologies MSC Sdn Bhd (727979-T)
282. Royal Gold Sdn Bhd (1005830-X) (royalgolds.com)
283. Royale Team Groups (www.royaleteaminfo.blogspot.com)
284. RS Capital Holdings Bhd (819833-P)
285. Safeena Gold Gallery (IP0386035-U)
286. Sanabil Investment (www.sanabil.com)
287. Sejati Agarwood Enterprise
288. Sera Land Mangement & Enterprise (JM0503206-P)
289. SGFM Trading Sdn Bhd (936419-V)
290. Slimberry Extreme Team (zatslimberry.blogspot.com/ slimberryxtreme.com)
291. Smart Trade Entrepreneur (002459702D
292. Smart Trade Resources Sdn Bhd (1180992A)
293. SMCI Corporation (www.smci.com)
294. Solor Bond Capital Sdn Bhd (1163697-W)
295. Speedline (www.speedline-inc.com)
296. Srgold Exchange Bhd (1033164-V) (www.srgold.com.my)
297. Sri Perkasa Emas Trading
298. Sri Chempaka Emas Enterprise (SA0293336-P)
299. Steady Dynasty Sdn Bhd (782270-H)
300. Steady Global Network Sdn Bhd
301. Suliz Pearl Mines
302. Suisse Coins Sdn Bhd (www.suissecoins.com)
303. Sweblink Global Network Sdn Bhd (209952-H)
304. Swiss Capital Venture
305. SVD Malaysia (www.facebook.com/svdmalaysia) (www.cryptobeggar.net)
306. Syarikat Azza Motor Network Sdn Bhd (104795-P) (www.rajakereta.weebly.com) (www.rajakereta.com)
307. Syarikat GECS Ltd
308. Syarikat Sri Alam
309. Tabung Dana Ehsan
310. Tanjung Trading (TR0123942-W)
311. Tenaga Setia Services (107239-P)
312. TF International Group
313. TF International Group (MY)
314. TF International W1212 KL Team
315. TG Reliance Sdn Bhd (1086255-A)
316. The Gold Guarantee
317. Titan Group Sdn. Bhd (823732-U)
318. TP Eagle Venture Sdn Bhd (114378-M) (www.tpeagles.com)
319. Trillion Venture (trivfx.com)
320. Triple One Management Pte Ltd (T1FX) (t1fx.com)
321. TukarGold.net (www.tukargold.net)
322. UER Gold (uergold.com/profitsharing)
323. UFUNCLUB (www.jutawanufunclub.com/ufunclub2me.blogspot)
324. Ultimate Power Profits (www.ultimatepowerprofits.yolasite.com)
325. United American Traders Council (www.uatconline.com)
326. Uni Argrow (Cambodia) Co. Ltd (www.argrow.biz) (www.unicapasia.net)
327. Uncang Teguh Resources (0000102116-T)
328. Urustabil Sdn Bhd (545426-X)
329. VC Gold Sdn Bhd (722295-T)
330. Virgin Gold Mining Corporation
331. VenusFX (www.venusfx.com)
332. Verger Management Services
333. Wadiah Trading (www.wadiahtrading.com)
334. Water Beaute World Berhad (wbwglobal.wordpress.com) (wbwig.blogspot.my)
335. Water World Marketing (CA0177161-P)
336. Webster Trade Consulting Sdn Bhd (1171420D) (www.wtcpro.com/ wtcprolimited.blogspot.my)
337. Westrank Equity Sdn Bhd (1046449-A)
338. Windsor Fragrance Sdn Bhd (599208-H)
339. World Dirham Berhad (970807-X)
340. Worldwide Community Programme (wcp2u.com)
341. WSL Merchants Pte Ltd (www.worldshopperslink.com/ www.click4dollar.com)
342. Xcelent Job Trading (001971755P)
343. XOC7
344. YDS Corporate Line Sdn Bhd (877697-P) (yds2u.com)
345. YDS Holding Groups Bhd (987797-T) (yds2u.com)
346. Zenith Gold International Limited (ZGI) (www.zenithgolds.com (zenithgoldrocks.wordpress.com) (zenithgoldpowerteam.blogspot.my)
347. Zeta Capital Management
348. Zill Akasha Gemilang Enterprise
349. Zill Akasha Gemilang Enterprise
350. Zness.com (zness.com)

How the illegal investment company operate:
1) Illegal operators usually operate on a small scale and claim they can provide remittance services efficiently, without the need for any documents or identification. They rarely use documents to validate and verify the transactions. By engaging in these transactions, customers run the risk of being cheated and their funds may never reach its intended destination.

2) Illegal operators usually target job seekers by placing attractive advertisements to lure prospective employees to join the company, after which they use them to solicit for new investments. Most often, employees will be encouraged to approach their direct family, relatives and friends before targeting members of the public.

3) Illegal operators usually portray a professional and reputable image, a high-tech office layout and advanced IT facilities, such as a LCD screens displaying movements in exchange rates to provide the impression that a legitimate and real business is being conducted. These facilities are merely a false front.

4) Investors can either trade using their trading accounts with the company or through dealers appointed by the company. In some cases, investors are allowed to operate their accounts via the Internet.

5) Investors are also required to sign a business contract which is normally entered between the investors and a principal company overseas.

6) In most instances, the operators will inform the investors that they will have to send these contracts to its principal company overseas for signing. However, such contracts are usually left unsigned.

7) As such, in the event the investors are unhappy with future dealings and transactions, no action can be taken against the company as there is no binding contract between them.

8) Investors will usually get high returns on their initial investments. This will convince them to increase their investments in hopes of higher returns. Eventually, they will end up losing everything when the illegal operators suddenly go missing.

9) Investors who lose their money through purported volatility of exchange rate movements are informed by the illegal operators that they need to pay margin-call in order to recover their paper loss

10) The illegal operators may also encourage investors to increase their investment to try to recover their losses.


You can report directly to Bank Negara Malaysia via the following communication channels:

Call: 1-300-88-5465 (1-300-88-LINK)
Fax: 03-2174 1515
SMS to 15888: BNM TANYA [your report / query]
Email: bnmtelelink@bnm.gov.my

Source: bnm.gov.my