- Offering free training, seminars or workshops to lure investors, prior to inviting investors to set-up an online foreign currency trading account with a principal company (purported to have valid licence to trade foreign currency overseas);
- Providing convenient access to the principal company's website and trading facilities to facilitate online foreign currency trading by investors;
- Recruitment of fresh graduates as marketing executives and encouraging them to get their family and friends to trade foreign currency; and
- Requiring investors to deposit an amount of money into a bank account to begin trading foreign currency, and subsequently, requesting for a top up on their initial investment ("margin call") to avoid losing their capital.
Bank Negara Malaysia
4 January 2010