SC warns of fake donation letter using chairman's name

KUALA LUMPUR (Nov 9): The Securities Commission Malaysia (SC) today warned members of the public of a fake donation letter purportedly from "Badan Kebajikan Thalassaemia Malaysia", which falsely named SC executive chairman Datuk Syed Zaid Albar as its adviser.

In a statement, SC said the fraudster also impersonated one of its senior management staff when making calls to solicit donations.

The regulator said it has lodged a police report on the matter.

"SC would like to state that it does not solicit donations from members of the public. Any person who receives any request for donation purportedly for or on behalf of the SC or any of its officials should immediately contact the SC's Consumer and Investor Office at [email protected] or call 03-6204 8999 to verify and report the said request," it said.

The SC has been alerting the public to similar scams recently, with the regulator last week warning of clone firms, perpetrated by companies that fraudulently impersonate legitimate entities, including misusing names and logos of public listed companies.

In May this year, the regulator also issued an alert against fraudulent clone firms posing as licensed capital market intermediaries.

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