Have you ever wondered why many Malaysians have become victims of scams? This is due to the scammers' tactics of employing psychological and behavioural biases to trick you easily. Always stay alert and vigilant to protect yourself from being targeted.

Here are some red flags to consider when dealing with potential scams:

Red Flags

You are asked to pay in cash to a Unit Trust Consultant (UTC), staff of Public Mutual, or any individuals. You are requested to issue cheques in the name of the UTC or staff, or make a deposit or transfer to the bank account of the UTC or staff. You are asked to pre-sign or pre-thumbprint the transaction forms. You are not given any copies of documentation, including prospectus, disclosure document, product highlights sheet (PHS), etc., by the organisation. The scheme promises very high returns with low risk.

How to avoid being scammed? Here are some tips for investing with Public Mutual:

Tips

Invest directly via Public Mutual Online (PMO). Write a cheque made payable to “Public Mutual Berhad – NRIC No. of First Holder”. Write down your name, NRIC/passport number/company registration number and telephone number at the back of the cheque. Receive a copy of the investment forms, confirmation of transactions, and statements of accounts issued by us directly. Check if an individual is licenced and authorised by the Federation of Investment Managers Malaysia (FIMM) to market and distribute unit trust/ Private Retirement Scheme (PRS) funds, and whether the individual is attached to Public Mutual Berhad. If you have any doubts about the authenticity of documents received from us or anyone claiming to represent Public Mutual, please contact us immediately.