Sunday 12 April 2015

Proven Oil Asia on SC list of unauthorised websites

I have written several times about "Proven Oil Asia", most notably here and here.

The Securities Commission of Malaysia has included "Proven Oil Asia" on its "List of unauthorised websites / investment products / companies / individuals" (updated as at 9 April 2015):

The website that is mentioned ( now links through to the website of Conserve Oil:

Certainly an interesting development. The "Proven Oil Asia" scheme is also sold under other names, but the mechanics seem to be the same.

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