Tunku's Blog


Tunku's Blog
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Can We Trust On Internet Investment?
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Everytime I browse the internet I see investment opportunities promising huge amounts of profits with little investments. My emails are backlogs with investments scemes globally and locally, as I click on the investment icon doubts lingered over my mind. Is it safe to investment in such companies especially on the Net?


Recently in Malaysia a couple of internet investment companies had their account frozen by the government simply because these so called investment companies are without proper licenses and financial backing. Two internet investment companies namely Cambridge investment and Dubai investment had their assets confiscated by the securities authorities because they lacked transperacy and credibilities in their respective portfolios.


Altough several bogus internet investment companies had been caught red handed many more mushrooming in the country offering even more returns for our investments such as ABfund and Ampay to name a few. Can we trust on these companies with our money? Or are they another quick rich schemes taking advantage of guliable Malaysian who are greedy to be rich quickly.


We must be suspicion when encounter such investments and asked ourself whether it's from a reliable source by inquiring over the Malaysian securities for informations. We need to be careful and not greedy when came across with such dubious investments like I did.

2007-03-07 17:01:01 GMT
Comments (1 total)
Author:Anonymous
Oh my God I almost got duped by those dubious investments. Thanks for reminding me.
2007-03-07 18:35:53 GMT
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