Beware of unauthorised social media groups impersonating Straits Financial

We have been alerted to the presence of a Whatsapp group that has been impersonating Straits Financial and our staff, including using our corporate story, branding, logo and staff profile to mislead users. The group allegedly offers online investment information and training from Straits Financial, including market commentary, technical analysis and recommends on investment into the stock market.

 

As far as we are aware, the impersonating Whatsapp group organisers use the following contact numbers and goes by the group name “Straits Financial Invest in Learning 交流圈”

  1. +60 18972 8010
  2. +60 18972 7960
  3. +60 18972 8089
  4. +60 112808 3150

Do note that the above list of numbers/names may not be exhaustive.

We would like to take this opportunity to clarify and categorically state that:

  1. The abovementioned WhatsApp group is not legitimate and is not created by Straits Financial;
  2. The content provided in the WhatsApp group does not come from Straits Financial or any of Straits Financial’s staff members;
  3. Straits Financial’s product offerings do not include investment in securities (including stocks);
  4. Straits Financial does not have a presence in Malaysia and does not use Malaysian mobile phone lines;
  5. Straits Financial does not offer any investment advice to our clients and to the public and does not create or maintain chats that comingle our client groups;
  6. Straits Financial is not an investment/financial education provider and does not offer any investment courses (whether paid or free) for investors.

Please always check our official website at www.straitsfinancial.com for the latest events;

  1. Contact the Company if in doubt – our official website indicates all official communication channels available for you to check with us on the legitimacy of any request or personnel at any time.
  2. Be vigilant and study the contents – Always be vigilant especially when there is a request for your personal information and monetary transactions are involved. It is vital to always verify the legitimacy of the request, including the identities of the other parties to the intended transaction. Straits Financial will never ask for any monetary transactions via mobile or social media.

We urge users to be prudent when dealing with unverified social media groups and watch out for tell-tale signs such as suspicious phone numbers as shown in this case.