Of Ponzi schemes and investment scams: a case study of enforcement actions in Malaysia

This paper aims to chart the enforcement actions taken by the Malaysian regulatory authorities in relation to illegal investment schemes in Malaysia, and clarifies the various strategies adopted by the Malaysian regulatory authorities to ensure protection of investors in the capital market.The enfor...

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Main Authors: Mohd. Sulaiman, Aiman @ Nariman, Moideen, Azza Isma, Moreira, Sharon David
Format: Article
Language:English
Published: Emerald Insight 2016
Subjects:
Online Access:http://irep.iium.edu.my/47831/
http://irep.iium.edu.my/47831/
http://irep.iium.edu.my/47831/
http://irep.iium.edu.my/47831/1/JFC-05-2014-0021.pdf
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recordtype eprints
spelling iium-478312018-08-14T02:27:36Z http://irep.iium.edu.my/47831/ Of Ponzi schemes and investment scams: a case study of enforcement actions in Malaysia Mohd. Sulaiman, Aiman @ Nariman Moideen, Azza Isma Moreira, Sharon David K Law (General) This paper aims to chart the enforcement actions taken by the Malaysian regulatory authorities in relation to illegal investment schemes in Malaysia, and clarifies the various strategies adopted by the Malaysian regulatory authorities to ensure protection of investors in the capital market.The enforcement actions relate to the Swiss cash scheme as well as commodities futures involving crude palm oil and a more recent case involving gold futures. These schemes share similar characteristics with Ponzi schemes that were thrust into the international limelight in the notorious Madoff Ponzi scheme and its allegation of regulatory failure. Emerald Insight 2016 Article PeerReviewed application/pdf en http://irep.iium.edu.my/47831/1/JFC-05-2014-0021.pdf Mohd. Sulaiman, Aiman @ Nariman and Moideen, Azza Isma and Moreira, Sharon David (2016) Of Ponzi schemes and investment scams: a case study of enforcement actions in Malaysia. Journal of Financial Crime, 23 (1). pp. 231-243. ISSN 1359-0790 http://www.emeraldinsight.com/loi/jfc http://dx.doi.org/10.1108/JFC-05-2014-0021
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic K Law (General)
spellingShingle K Law (General)
Mohd. Sulaiman, Aiman @ Nariman
Moideen, Azza Isma
Moreira, Sharon David
Of Ponzi schemes and investment scams: a case study of enforcement actions in Malaysia
description This paper aims to chart the enforcement actions taken by the Malaysian regulatory authorities in relation to illegal investment schemes in Malaysia, and clarifies the various strategies adopted by the Malaysian regulatory authorities to ensure protection of investors in the capital market.The enforcement actions relate to the Swiss cash scheme as well as commodities futures involving crude palm oil and a more recent case involving gold futures. These schemes share similar characteristics with Ponzi schemes that were thrust into the international limelight in the notorious Madoff Ponzi scheme and its allegation of regulatory failure.
format Article
author Mohd. Sulaiman, Aiman @ Nariman
Moideen, Azza Isma
Moreira, Sharon David
author_facet Mohd. Sulaiman, Aiman @ Nariman
Moideen, Azza Isma
Moreira, Sharon David
author_sort Mohd. Sulaiman, Aiman @ Nariman
title Of Ponzi schemes and investment scams: a case study of enforcement actions in Malaysia
title_short Of Ponzi schemes and investment scams: a case study of enforcement actions in Malaysia
title_full Of Ponzi schemes and investment scams: a case study of enforcement actions in Malaysia
title_fullStr Of Ponzi schemes and investment scams: a case study of enforcement actions in Malaysia
title_full_unstemmed Of Ponzi schemes and investment scams: a case study of enforcement actions in Malaysia
title_sort of ponzi schemes and investment scams: a case study of enforcement actions in malaysia
publisher Emerald Insight
publishDate 2016
url http://irep.iium.edu.my/47831/
http://irep.iium.edu.my/47831/
http://irep.iium.edu.my/47831/
http://irep.iium.edu.my/47831/1/JFC-05-2014-0021.pdf
first_indexed 2023-09-18T21:08:00Z
last_indexed 2023-09-18T21:08:00Z
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