RM500,000 Gone: Lecturer Duped by Online Investment Scam
A 39-year-old lecturer in Kuantan has been defrauded of RM493,600 in a sophisticated online investment scam
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Abstract:The Malta Financial Services Authority (MFSA) has become aware of websites that are using the details of an MFSA licenced company NSFX Limited (also operating under the brand called 'NSBroker') in an effort to deceive the public.

The authority would like to inform the public that the above-mentioned websites are not related to Maltese registered companies nor they are authorised to provide any financial services in or from Malta. Additionally, these websites have no association with NSFX Limited.
The above websites therefore appear to be clones of the websites of the legitimate entity and the public should therefore refrain from undertaking any business or transactions with the mentioned cloned websites.
he MFSA would like to remind consumers of financial services not to enter into any financial services transaction unless they have ascertained that the entity with whom the transaction is being made is authorised to provide such services by the MFSA or another reputable financial services regulator.

Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

A 39-year-old lecturer in Kuantan has been defrauded of RM493,600 in a sophisticated online investment scam

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