The truth has a tongue! One of my fellow traders did mentioned to me that Securities Commission declared that Kuasaforex.com as a SCAM! Wah, BIG scammer! So many scammer nowadays, not enough with Royaltyfx.com… today the most famous “trader” in Malaysia is said as SCAM! Tiaaaaan ko Nasir…hahahak
Ask any traders, who don’t Nasir Kuasa Forex? Come on omomomom 😛
Kuala Lumpur, 14 February 2011
SC warns the public on unauthorized and misleading use of its logo and name
The Securities Commission Malaysia (SC) today urged members of the public to be wary of unauthorized and misleading use of the SC logo and name for the endorsement of promotional websites, investment products or programmes.
It has come to the SC’s attention that www.kuasaforex.com has been using our corporate identity on their website to promote products and services related to the trading of foreign currencies (forex). The SC would like to alert the public that we are in no way associated with this website or its promoters and do not in any way endorse its activities.
The SC has included the website on our Investor Alert list and we will take appropriate action in relation to the unauthorized and misleading use of our name.
Scams can come in the guise of seemingly attractive investment opportunities or schemes offered online. They may also be camouflaged as learning and training programmes. These schemes sometimes fraudulently claim the endorsement or approval of regulators. The public are reminded that the SC does not endorse any promotional websites or investment products and programmes. The list of companies and individuals licensed by the SC to carry out investment activities, including providing investment advice, can be found here.