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AMBD warns of dubious investment schemes

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|     James Kon     |

AUTORITI Monetari Brunei Darussalam (AMBD) yesterday informed the public that JJPTR, a foreign exchange trading company in Malaysia, is not licensed by AMBD.

According to reports in Malaysia, JJPTR is being investigated for its dubious investment schemes in Malaysia.

JJPTR is affiliated with JJ Poor to Rich and JJ Global Network, where both were listed as unauthorised and unapproved companies on Bank Negara Malaysia’s website.

AMBD reminded the public to be cautious when participating in any scheme, companies or websites that is not licensed nor authorised or approved under any laws or regulations administered by AMBD.

JJPTR is also on the updated Alert List in the AMBD website.AMBD

In the list are also JJ Global Network and JJ Poor to Rich under unlicensed entities.

The list of persons and institutions licensed by AMBD can be obtained through the AMBD App.

It can be downloaded free of charge on both ‘App Store’ for iPhone users and ‘Google Playstore’ for Android users.

Visitors can also check AMBD’s website at http://www.ambd.gov.bn.

The AMBD Alert List shows JJPTR, JJ GLOBAL Network and JJ Poor to Rich in the list under unauthorised Entities/Website/Products. - AMBD

The AMBD Alert List shows JJPTR, JJ GLOBAL Network and JJ Poor to Rich in the list under unauthorised Entities/Website/Products. – AMBD

The post AMBD warns of dubious investment schemes appeared first on Borneo Bulletin Online.


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