Well, I am not really anti-censorship or pro-censorship, but the fact that there are so many gulls in Malaysia does not really help things and it’s only timely that SC steps into the fray to clean up the mess.
It seems that they’ve identified yet another 16 scam sites. I wouldn’t call them Illegal Investment sites, since these scams are not even investments, but scams or ponzis covered up with investment “terms”.
You really can’t blame the authorities to take such drastic actions, and it’s going to take a very, very long time for the education to sink into the naive investors’ mindsets that there’s no such things as FREE lunch…
I’ve even heard of friends tellling me how they can make 30% return on their investment in a single day. Come on, who are you kidding?
So far, the following sites have been blocked:
www.danafutures.com
www.planet.time.net.my/KLCC/danafuture
www.abfund.com or www.abfund.us
www.cf-dventure.com
www.swedenfund.com
www.ue-bond.com
www.esuissefund.com
www.ef-mf.com.pa
www.ecashfinance.com
For more information on the scam sites update, you can check out the Securities Commission website at: www.sc.com.my
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