BNM maintains that the central bank and Securities Commission Malaysia do not promote or recommend private investment schemes.

In a statement, BNM maintained that the central bank and Securities Commission Malaysia (SC) do not promote or recommend private investment schemes.
It urged the public to verify information received about investment schemes with official sources before making transactions.
The central bank has set up a portal with examples of deepfake content involving BNM published by scammers. Members of the public can also check its financial consumer alert list or the SC’s investor alert list for schemes or companies flagged by authorities.
“Users may also verify whether an entity is authorised to offer financial or investment products through BNMLink or the SC’s investment checker portal.
“Report suspicious content to the relevant social media platform, or alert BNM or the SC, to help prevent its spread,” it added. - FMT
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