According to an article published in The Star Online recently, Malaysia’s Securities Commission (SC) is going to block access to illegal investment schemes operated by some 60 websites after it received 720 complaints and queries.
However no mention on how this will be done and who are they going to work with (MCMC & Telekom?) in order to achieve the objective of preventing access to those websites.
Whether this measure will also block those who try to bypass the restriction by surfing via anonymous proxy will remain to be seen.
Check out SC’s alert list to find the list of websites which are not authorised nor approved under the local securities laws
This is an unwelcome development for those get rich schemes investors. But you still have time to act accordingly as the SC’s exercise to block the website will begin on June 11 2007.
The commission, in a statement on Thursday, advised investors in such schemes to withdraw their investments and terminate their accounts immediately.
UDPATE: The SC is joining forces with the Malaysian Communications and Multimedia Commission (MCMC) and CyberSecurity Malaysia to track, identify and block access to local and foreign websites promoting illegal investment schemes.
Malaysian swisscash leader bank's account (Amir Bin Hasan's bank account) has been blocked by the government and if they still lead people to invest in Swisscash, they will be penalized with 1Million Malaysian Ringgits and 10 years in Jail.
You all know, there is no way this kind of business will decreasing in numbers. Offshore business will getting increase and many more will come in few years from now. There will be much much more profitable opportunities and investments builded offshore.
More and more country will also scared within this kind of investment, offshore investment and company can change country's regulation and this one is the example..
Here, all swisscash investor are still getting paid 25% per 30 days calendar and their investors are getting bigger everyday. More and more people are getting wealthier and on their way to achieve their financial freedom.
Great job has been done by swisscash.
Thank you swisscash.
P.S. There is a risk everywhere and so were in swisscash. There is no 100% guarantee in this world. Remember that before you invest your money anywhere even in "so-called" the safest investment on the planet!
