Saturday, February 25, 2017

illegal Investment Company under BNM (updated Feb 2017)

On 25 February 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.

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. Ace Global Sales & Services
5. Ace Dimension Network Sdn Bhd.
6. AE Group Holding Pte Ltd (www.aevfc.com) (201322498-D)
7. Agarwood Venture (002273031-A)
8. Agar Wood Chamber of Commerce Malaysia
9. Ajuwah Realty Sdn Bhd (966604-D)
10. Ajuwah Agencies Sdn Bhd (966604-D)
11. Ajuwah Consultancy
12. Alpari (Asian) Ltd
13. Al-Saliha Worlwide Sdn. Bhd. (628267-M)
14. Amazing Yields Sdn Bhd (891529-V)
15. Amethyst Gold Creation Sdn Bhd (951063-K) (www.powergoldclub.com/ www.powergold999.com/ www.powergold.biz)
16. APS Asia Plantation Sdn Bhd (984575-T)
17. Arba Emas Perak (SA0280035-A)
18. Aruna Travel
19. Asas Seroja Sdn Bhd (357014A)
20. Ashnik Holdings (M) Sdn Bhd (1124601D)
21. Ashnik Trading (002369914-W)
22. Asialink Globe Capital (www.com.agc.com)
23. Astral Progress Sdn Bhd (989294-K)
24. AU Niaga Sdn Bhd (907806-W)
25. AU79 International
26. Aurawave Marketing Sdn. Bhd (www.aurawave2u.com)
27. Axis Capital Corporation Ltd (www.axiscapitalcorp.com)
28. Aziera Gold Enterprise (NS0133976-K)
29. BFS Markets
30. Binary Indulgence Sdn Bhd (963258-W)
31. BitKingdom (www.bitkingdom.org)
32. Build Rich Mining Group Bhd (1006586-T) (www.buildrich.us)
33. Build Rich Investment Group Ltd
34. Build Rich Group Holding
35. Build Rich Agrotech Berhad
36. Build Rich Enterprise
37. Bumi Klasik Warisan Enterprise
38. Capital Asia Group (M) Sdn Bhd (www.capitalasiagroup.com)
39. Cash Deal Sdn Bhd (929192-K) (Boss Venture) (www.bossventure.com)
40. Celik Emas Enterprise (0021517795-K)
41. Changkat Agro Resources (IP 0353991V)
42. CGF Fine Metal Sdn Bhd
43. Classic Worldwide Corporation (M) Sdn Bhd (773082M) (www.cwc.com.my) (Programarba.blogspot.my)
44. CTK Network (CTK2U.com)
45. CybertrustFX
46. Dana Haji Jasman
47. Danatama Millennium Sdn Bhd (819082-U)
48. Darul Emas Perak Bhd (1053229-X)
49. DBB Star Sdn Bhd (1110055-M)
50. Degold Empire Sdn Bhd (882335-M)
51. Delta Wealth Services (002194713-K)
52. Destiny Resources Services
53. Dgreat Network (info.simplebisnes.com)
54. Dinar Dirham Global (www.dinardirham.com), (www.dinardirham.online)
55. DM Rise Enterprise (PG 0262929-H)
56. DNA Profile Sdn Bhd (245435-W)
57. Dream Success International Sdn Bhd (1002002-P) (www.Surewin4u.com)
58. Dynamic Wira Marketing Sdn Bhd - Skim Beras 1 Malaysia
59. Dynasty Worldwide Sdn Bhd (800311-D) (www.dynasty-worldwide.net/ www.dynastymf.com)
60. Eagle Aeronautics (M) Sdn Bhd (796603-A)
61. East Cape Mining Corp
62. Ecofuturefund (www.ecofuturefund.biz)
63. Emgoldex (Emirates Gold Exchange)
64. Empire Five Trading (www.mikadofx.com)
65. Energetic Gateway Sdn Bhd (511826-X)
66. Epic Palms Bhd (epicpalmsberhad.com)
67. Everise Fumigation Sdn Bhd (861654-K) (www.xbi.com.my)
68. Exorbitance Influence Sdn Bhd (1191499-U) (www.krubal.com)
69. Exquisite Bottle Index Sdn Bhd (1060843T) (www.xbi.com.my)
70. Extra Capital Programme (extracapitalprogram.com)
71. Ezey Marketing
72. E-Qirad Sdn Bhd (595699-D)
73. FA Markets
74. Family Wealth Resources (SA0310508-M)
75. Fari Group Global Resources (SA0319984-M)
76. FE Brands (M) Sdn Bhd (1000656-H)
77. Flexsy Enterprise & Barrilorne Corp
78. FNZ Capital Limited (www.intelfx.com)
79. Fortrend International Sdn Bhd ( 876619-X)
80. Futurebarrel.com (futurebarrel.com)
81. Future Trade Indojaya Sdn Bhd (1003327-P) (ftindojaya.blogspot.com/ www.ft-indojaya.com)
82. FxUnited Malaysia (myfxunited)
83. FXUnited Power Sdn Bhd (1146795-M) (www.fxunitedpowerinternational.com)
84. FXZN Zenith Limited (www.fxzn.com)
85. FXZN Investment Limited
86. FXZN Zenith Management Limited
87. FX Primus Ltd (trivfx.com)
88. Gain FX Capital Sdn Bhd (www.gainfxcapital.org)
89. Gan Patt Services
90. Ganding Wawasan Trading (TR0133766-A)
91. GGC Aqualculture Sdn Bhd (1044976P)
92. GGF Golden House Sdn Bhd (803753-W)
93. GGT Golds Sdn Bhd (547290-D)
94. Global Creation Trading
95. Global Golds Trading (JM0518201-W)
96. Global Peace Loving Family (www.globalpeacelf.com)
97. Global Venture Financing (globalventurefinancing.com)
98. Global Wave Gold Corporation (globalwavegold.com)
99. Gold Bullion World Sdn Bhd (1018604-A) (goldenworld.com.my)
100. Gorgeous Chain Sdn Bhd (841928-P)
101. Grand View Golden Success Sdn Bhd (638186-X) - Golden Maximum
102. Great Access Sdn Bhd (517965-X)
103. Green Buck Resources Sdn Bhd (851115-A)
104. Greenmillion Agrosolution Enterprise (greenmillionagrisolution.blogspot.com)
105. Green Forest Global Sdn Bhd (987049-P)
106. HAFX Global Venture Sdn Bhd
107. Harvest Reliance Consultancy Sdn Bhd (965589-W)
108. HEA Teguh
109. Hexa Commerce Sdn Bhd (645798-X)
110. HG Resources Sdn Bhd (HGR) (www.highwayrich.com) (www.highwayrichclub.com) (www.highwaygroup2u.com)
111. HiFX Asia (HiFX)
112. Highway Group Resources (www.highwayrich.com) (www.highwayrichclub.com) (www.highwaygroup2u.com)
113. Hin Huat Auto Sports (TR0005484-X)
114. Holiday Express Asia
115. Honest Group Ltd
116. Hupro International Inc
117. I & A Global Community Network
118. Iconhill Holding Sdn Bhd (810775-P)
119. IGC Diamond
120. Infinity Star International Sdn Bhd (851864-T)
121. Iridian Ventures PLT (LLP0002569-LGN)
122. IronFX Solid Trading
123. Instaforex
124. Instagroup Resources (JM0531870-X)
125. Isothree Gold Sdn Bhd (906561-K)
126. Inter Pasicfic Soyy Enterprise
127. Jalatama Management Sdn Bhd (929594-W) (www.jalatama.com)
128. Jazlaan Enterprise
129. JJ Global Network (www.jjptr.com)
130. JJ Poor To Rich (www.jjptr.com)
131. JJPTR (www.jjptr.com)
132. JM Communications & Technology Sdn Bhd (702054-V)
133. JMI Global
134. JTGold
135. Kelab Kebajikan dan Sosial Tun Teja Malaysia (yds2u.com)
136. Kelab Kebajikan Sosial Malaysia (VVIP88)
137. Keenan Capital Group
138. Keenan Prestige Services (002095851-P)
139. Keenan Brilliant Services (002021597-V)
140. Khaira Sakinah Resources (CT0018249-R)
141. KL FxUnited Club
142. Kris Plus Enterprise (IP0238424-A)
143. Kudaemas (www.kudaemas.com)
144. Lestari2U (www.lestari2u.com)
145. Liberty Reserve (www.libertyreserve.com)
146. Life Time Holidays Sdn Bhd (727129-U)
147. LocalAdClick (localadclick.net)
148. LocusNetwork4u.com (locusnetwork4u.com)
149. LS Gold Bullion Sdn Bhd (235435-H)
150. Mari Wholesale (M) Sdn Bhd (556117-T)
151. Maxim Capital Ltd (www.maximtrader.com)
152. Maza Network Sdn Bhd (1006389-H)
153. McRen Oceanus Sdn Bhd (908484-X)
154. MD Venture Group Sdn Bhd (1058936U)
155. Meccafund Family Malaysia
156. Mecca Fund Global (MFG) (meccafundglobal.com) (makkahislamichotel.com) (mekahalsafwah.blogspot.my)
157. Mega Dynasty Sdn Bhd (931589-V)
158. Megaherbs Bioextreme (001946380-K)
159. Megah Mewah Trading (SA0295909-A)
160. MGCfx (www.mgcforex.com)
161. MGC Capital Sdn Bhd (www.morgagecapitals.com)
162. MGSB Holding Sdn Bhd (www.mgsb.org.my)
163. MH Secret Wealth Enterprise (NS0122059A)
164. Mi1 Global Sdn Bhd (1145697-X) (http://mymi1millionaire.org)
165. Million Jade Sdn Bhd (www.millionjade.com)
166. Miracle Day Trading (JR0047390-V)
167. Mohamad World Enterprise
168. MOP Consultant Sdn. Bhd (101867-W)
169. Mughniwave International Sdn. Bhd. (1163697-W) (mughniglobal.com)
170. MX3 World Wide ((mx3worldwide.com)
171. My Cameron Hills Sdn Bhd (984170M)
172. Nexgain Malaysia Sdn Bhd (773854-D)
173. Next Generation Mall
174. Nory Motor (TR0023237-H)
175. Norry Setia Ent (TR0103958-M)
176. NTB Agencies dn Bhd (1039052-M)
177. Ocean Century International Limited (www.ODFX.com)
178. OCI Management Sdn Bhd (1042036X) (www.ODFX.com)
179. OCI Venture Sdn Bhd (1039926H) (www.ODFX.com)
180. ODFX (www.ODFX.com)
181. OLTA Capital Management Inc.
182. One AutoCash (www.clubautocash.com/ www.1autocah.com)
183. Orion Healthcare Management Services Sdn Bhd
184. Orion Prokasih (M) Sdn Bhd
185. Ostim Academy (002443002-A) (www.ostimint.com)
186. Overseas Delight Sdn Bhd (614245-W) (www.arowana2u.com)
187. Pancar Mayang Sdn Bhd (527196-H)
188. Pars Pay Sdn Bhd (813378-V)
189. Pegasus Bullion (www.pegasusbullion.com)
190. Perfway Traders Sdn Bhd (918583-V) (www.perfway.com)
191.. Perniagaan Jatidana Wawasan (M) Sdn Bhd
192. Perubatan Islam Seiring Syariat Al-Ikhlas
193. Pioneer Forest Sdn Bhd (1069104M) (www.abunur.com) (rezekipasif.blogspot.my)
194. Pertubuhan Kebajikan Komuniti Malaysia (PKKM) (www.pkkm.my)
195. Pok Din Consultance & Services (www.pokdinempire.com)
196. Pok Din Empire Sdn Bhd (1130978-D) (www.pokdinempire.com)
197. Power Trade Asia Sdn Bhd (933528-T) (www.kuasaforex.com.my)
198. PPC Storm
199. Preferred Credentials Sdn Bhd
200. Premier Ventures Gold
201. Prestige Dairy Farm (M) Berhad (832757-A)
202. Profit Web Sdn Bhd
203. Program 10 Bulan Forex Trading
204. Program I-Rich
205. Pro Infinity Ltd (proinfinity.com)
206. Projek Duit 2012
207. Provisio Multimedia
208. Pruton Mega Holding Limited
209. Public Golden House Sdn Bhd (806825-M)
210. Puncak Hartawan Resources (0000097980-T)
211. Quantum Capital Program (www.quantumcapitalprogram.com) (www.berjayaforex.com)
212. Ram Kris Venture (0024165647-K)
213. RCFX
214. RC Group
215. RC Group Sdn Bhd
216. Real Biz Pasif
217. Real Ingenious Sdn Bhd (926598-U) (www.worldfocus.co)
218. Rejab Trading (TR0115248-A)
219. Rejabwealth Sdn Bhd (1005424-X)
220. Reza Anuar Seven
221. Retro Titan Sdn Bhd
222. RGCX Trading Corp (http://www.goldrgcx.com/ www.rapidgcx.com)
223. Rimbun Tekad Realty Sdn Bhd (966620-V)
224. Rimbun Tekad Consultancy Sdn Bhd (966620-V)
225. Rising Premium Sdn Bhd (285572-P)
226. RMMUDAH.COM
227. RM20segera.com (www.rm20segera.com)
228. RN Corporate Services Sdn Bhd
229. Rowther Technologies MSC Sdn Bhd (727979-T)
230. Royal Gold Sdn Bhd (1005830-X) (royalgolds.com)
231. Royale Team Groups (www.royaleteaminfo.blogspot.com)
232. RS Capital Holdings Bhd (819833-P)
233. Safeena Gold Gallery (IP0386035-U)
234. Sejati Agarwood Enterprise
235. Sera Land Mangement & Enterprise (JM0503206-P)
236. SGFM Trading Sdn Bhd (936419-V)
237. Slimberry Extreme Team (zatslimberry.blogspot.com/ slimberryxtreme.com)
238. Solar Bond Capital Sdn Bhd (1157972-A) (www.mysolarbond.com/ solarbond-malaysia.blogspot.my)
239. Speedline (www.speedline-inc.com)
240. Srgold Exchange Bhd (1033164-V) (www.srgold.com.my)
241. Sri Perkasa Emas Trading
242. Sri Chempaka Emas Enterprise (SA0293336-P)
243. Steady Dynasty Sdn Bhd (782270-H)
244. Steady Global Network Sdn Bhd
245. Suliz Pearl Mines
246. Suisse Coins Sdn Bhd (www.suissecoins.com)
247. Sweblink Global Network Sdn Bhd (209952-H)
248. Swiss Capital Venture
249. Syarikat Azza Motor Network Sdn Bhd (104795-P) (www.rajakereta.weebly.com) (www.rajakereta.com)
250. Syarikat GECS Ltd
251. Syarikat Sri Alam
252. Tabung Dana Ehsan
253. Tanjung Trading (TR0123942-W)
254. Tenaga Setia Services (107239-P)
255. TG Reliance Sdn Bhd (1086255-A)
256. The Gold Guarantee
257. Titan Group Sdn. Bhd (823732-U)
258. TP Eagle Venture Sdn Bhd (114378-M) (www.tpeagles.com)
259. Trillion Venture (trivfx.com)
260. Triple One Management Pte Ltd (T1FX) (t1fx.com)
261. TukarGold.net (www.tukargold.net)
262. UER Gold (uergold.com/profitsharing)
263. UFUNCLUB (www.jutawanufunclub.com/ufunclub2me.blogspot)
264. Ultimate Power Profits (www.ultimatepowerprofits.yolasite.com)
265. United American Traders Council (www.uatconline.com)
266. Uni Argrow (Cambodia) Co. Ltd (www.argrow.biz) (www.unicapasia.net)
267. Uncang Teguh Resources (0000102116-T)
268. Urustabil Sdn Bhd (545426-X)
269. VC Gold Sdn Bhd (722295-T)
270. Virgin Gold Mining Corporation
271. VenusFX (www.venusfx.com)
272. Verger Management Services
273. Wadiah Trading (www.wadiahtrading.com)
274. Water World Marketing (CA0177161-P)
275. Webster Trade Consulting Sdn Bhd (1171420D) (www.wtcpro.com/ wtcprolimited.blogspot.my)
276. Westrank Equity Sdn Bhd (1046449-A)
277. Windsor Fragrance Sdn Bhd (599208-H)
278. World Dirham Berhad (970807-X)
279. Worldwide Community Programme (wcp2u.com)
280. WSL Merchants Pte Ltd (www.worldshopperslink.com/ www.click4dollar.com)
281. Xcelent Job Trading (001971755P)
282. XOC7
283. YDS Corporate Line Sdn Bhd (877697-P) (yds2u.com)
284. YDS Holding Groups Bhd (987797-T) (yds2u.com)
285. Zenith Gold International Limited (ZGI) (www.zenithgolds.com (zenithgoldrocks.wordpress.com) (zenithgoldpowerteam.blogspot.my)
286. Zeta Capital Management
287. Zill Akasha Gemilang Enterprise
288. 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