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 (http://www.provenoil-asia.com/) now links through to the website of Conserve Oil: http://www.conserveoil.ca/
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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