is an investor education initiative under the Securities Commission Malaysia.

In driving SC’s mandate towards empowering investors, the InvestSmart® platform was established in 2014 to spearhead investor education efforts and to create awareness.

InvestSmart® serves to equip investors with relevant investment knowledge to empower them to be confident, and self-reliant in exercising better judgment on investment decisions. These will encourage more informed investor participation in the capital market and protect them from falling prey to scams and illegal schemes.

InvestSmart® disseminates its awareness programs via its website, mobile app, online educational game, and social media platforms i.e. Facebook, Instagram, TikTok, Twitter, and YouTube to disseminate information on events, activities, and relevant news.


InvestSmart® has identified the typical modus operandi being used by scammers. In this instance, scams often have a number of “red flags” that can help you tell if the so-called “investment opportunity” is really a scam. We urge investors to review these red flags before parting with your monies.

Promoted through social media platforms

Be mindful of schemes promoted via platforms such as Facebook, Telegram, WhatsApp, and Instagram.

Request for money to be deposited into personal bank account

Never deposit money into personal bank accounts for investment purposes.

Used of fake certificates / documents from authorities

Verify with the relevant authorities on the legitimacy of the certificates / documents received using their names and logos respectively.

Schemes promoted as "Limited Time only" opportunity

Do not be pressured into making investment decisions. Give yourself time to do your own research before investing.

Scheme promising high returns within a short span of time

Investments that are too good to be true, usually are (e.g. Invest RM300, get RM10,000 within 12 hours.

Some of the red flags utilized by
Smart Krypto Malaysia

Bandwagon effect and window dressing

Reviews made available on the website are for the purpose of giving a safe sense of security that others have profited from the scheme.

Schemes promising high returns within a short span of time

Rushed decision making

The scheme will claim that this is a one-time golden opportunity to entice potential investors to invest quickly before they have a chance to conduct proper due diligence.

Schemes are promoted as “limited time only” opportunity

If it is too good to be true it probably is

The promise of a high return within a short period of time appears too good to be true further making it attractive to potential investors.

Schemes promising high returns within a short span of time

Promoting investor confidence

False claims of being licensed / registered by the Securities Commission Malaysia to provide investors confidence. Multiple typos( i.e. Security instead of Securities) and incorrect sentence construction on the website.

Use of fake certificates / documents from authorities

Framing effect

Packages offered are all offering high profit with low initial investment, which will make it easy for potential investors to pick the package that is deemed “affordable” for them.

Schemes promising high returns within a short span of time

Investment to be made through someone else’s personal bank account

The scheme may claim that it has authorized such individuals to receive the money or appointed the person as its trustee.

Request money to be deposited into personal bank account

When faced with red flags or doubt…..

InvestSmart® would also like to remind the public to follow 7 simple steps that have proven effective before making any investment.

Be cautious of investments offered via social media platforms.

Never deposit your money into a personal bank account.

Payment should only be made to the official bank accounts of licensed or registered companies.

Before investing, always check the SC’s Investor Alert List on www.sc.com.my

Deal only with licensed or registered entities and individuals.

Check PDRM’s “Semak Mule” portal to verify whether the bank accounts or telephone numbers have been reported to the police.

If in doubt, check with the SC via email [email protected] or call 03-6204 8999.

However should you have fallen victim to a scam, we advise that you:

Do not panic!

Cancel future transactions. Do not make any further payments with the hope that you will get your money back.

Keep records of all information pertaining to your investment (e.g. payment slips, receipts, and records of conversations).

Make a police report and file a complaint with the relevant authorities.


If you have the time, please take a moment to participate in our feedback form click here.

It will take just five minutes of your time. This feedback is very important to us as it will facilitate us in coming up with new initiatives to educate the public on scams.

As a reward for your participation, the first 500 participants will be given a RM10 online shopping vouchers upon completion of the survey. Terms and Condition apply.

Thank you for your help!

Terms and conditions:

  1. You can only participate once in this survey.
  2. Upon completion you will be entitled for one (1) shopping voucher worth RM10.
  3. The online shopping voucher will be emailed to you within 14 working days.
  4. Please provide a valid email address upon completing this survey.