KUALA LUMPUR: The Securities Commission has added more unauthorised websites, investment products and companies to its alert list among which are Red Fort Capital, Syarikat Future Pelaburan, SAMKoin and Xeraya-Capital. In its recently updated list, it said Red Fort Capital has been carrying on unregulated activities while Syarikat Future Pelaburan has been holding out as dealing in derivatives. SAMKoin has been offering digital currencies and operating a recognised market without authorisation from the SC. Meanwhile, www.xeraya-capital.com has been carrying on unregulated activities and it is a possible clone offering high returns for a minimum investment of RM550 within 24 hours. However, Xeraya Capital (www.xeraya.com) is registered with SC as a venture capital management corporation (VCMC).

Source: The Star February 14, 2021 00:56 UTC