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ScamVictimLawyer

Reporting to the Securities Commission

Your investment platform turned out to be a scam.

Updated 2026-09-29 · Independent resource. Legal review pending.

Why the Securities Commission is a separate channel

The Securities Commission Malaysia (SC) regulates investment activities and licenses who can legally offer investment products in the country. Many scam platforms operate without any licence at all, which is exactly the kind of activity SC can act on.

Reporting to SC is not a substitute for a police report. The two serve different purposes and often run alongside each other.

What SC can do with your report

A report to SC can support action against an unlicensed platform, including public warnings that may protect others from the same scheme. SC has previously issued alerts naming platforms and individuals operating without authorisation.

This does not always lead to your own funds being recovered, since SC’s role is regulatory rather than a direct path to compensation for individual victims.

What makes a report more useful

Include the exact name of the platform or app, any website links, screenshots of your account dashboard, and copies of any messages describing the investment. Your own transfer records showing how much you paid and when also matter.

Specific, dated details help SC connect your report to others involving the same platform, which is often how patterns become clear.

How this fits with reporting to the police

Report to the police first if you have not already, since a police report is usually the foundation for any bank dispute or legal step. Reporting to SC can happen at the same time rather than waiting for one to finish before the other.

Read the fuller picture of what an investment scam looks like if you are still working out how the platform operated.

What to do next

Gather the platform details, your transaction records, and any communication with whoever ran it. This is what both a police report and an SC report are built on.

If you are unsure where your case stands or what to prioritise first, the first steps after a scam is a good place to start.

If you are unsure whether to report to the police, the Securities Commission, or both, tell us what platform was involved and we can help you see the right order.

Common questions

What does the Securities Commission Malaysia actually do with a report?

The Securities Commission (SC) regulates investment activities and can investigate unlicensed platforms or individuals offering investment products illegally. A report helps it act against the platform and can support action against others it has already flagged.

Should I report to SC instead of the police?

Both matter, and they are not a substitute for each other. A police report is usually needed for the criminal side and any bank dispute, while a report to SC feeds into regulatory action against the platform itself.

What should I include when reporting to the Securities Commission?

Include the platform or app name, any website or contact details you have, screenshots of the dashboard or promises made, and your transaction records. The more specific the details, the more useful the report is.

If you are unsure whether to report to the police, the Securities Commission, or both, tell us what platform was involved and we can help you see the right order.