Investing is a very cautious thing. You must master certain investment knowledge before considering entering the market. You must pay attention to identifying false financial advertisements and do not be superstitious about unrealistic false propaganda on the Internet, otherwise you will definitely lose everything! Recently, the "investment" experience of a Malaysian Huiyou is a lesson.
Superstitious about high-yield propaganda, fake HSBC Investment Bureau
According to Huiyou, in January this year, his Telegram account randomly and anonymously joined a group called "HSBC BANK INVESTMENT MALAYSIA". At first, he tried to quit immediately, but when he saw various profit sharing in the group Time stopped. After a few days of observation, he found that this group has more than 1,500 members, and people are constantly posting profit information every day, which is very tempting.
Funds quickly increased 381 times? Beware of fake HSBC investment traps!
So, Huiyou privately added a group administrator friend to learn more. The other party sent him an "investment package" with a minimum investment of 500 ringgit and a promised return of 10,000. If he invested 1,000 ringgit, he was promised a return of 30,000... .Directly doubled more than 20 times, and the higher the investment, the higher the profit rate. Promising such a rate of return is an obvious scam in itself, but Huiyou only saw the superficial rate of return. After several explanations from the administrator, he agreed to join the investment package with a top-up of RM1,000.
Funds quickly increased 381 times? Beware of fake HSBC investment traps!
Funds increased 381 times but it was a trap
A few hours later, the administrator told him that his account had made a profit, but he needed to pay a handling fee of RM1,500 before withdrawing money. Huiyou saw that his account actually made a profit of 381,000 ringgit, which doubled 381 times. He was pleasantly surprised and immediately transferred 1,500 ringgit as required. However, after the transfer, the other party asked to pay a fee. Only then did Huiyou realize that he had been cheated. The HSBC investment platform where he opened an account is fake, and the HSBC BANK INVESTMENT MALAYSIA account on Telegram is also fake.
Funds quickly increased 381 times? Beware of fake HSBC investment traps!
In fact, in Malaysia, investment scams impersonating HSBC Bank occur from time to time. In May 2023, an elderly man was arrested for running an investment scam called "Investment HSBC Bank". The 60-year-old woman lured victims by offering investment profits of up to 30% to 70%, promising returns of up to 100% within 72 hours, but did not pay out any profits after receiving the victims' money.
As a novice investor, if your account funds quickly increase dozens of times, you have to ask yourself, how did you earn this money? A large number of cases show that if ordinary investors’ accounts make profits too quickly and easily, it is most likely a scam by a black platform.
Special reminder, returns are always directly proportional to risks. You must remain vigilant and rational when facing excessively high returns, and you must check the compliance of the platform before depositing money.
