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...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Emerald Insight
2016
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/47831/ http://irep.iium.edu.my/47831/1/JFC-05-2014-0021.pdf |
| _version_ | 1848783208303296512 |
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| 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 |
| building | IIUM Repository |
| collection | Online Access |
| 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. |
| first_indexed | 2025-11-14T16:17:42Z |
| format | Article |
| id | iium-47831 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T16:17:42Z |
| publishDate | 2016 |
| publisher | Emerald Insight |
| recordtype | eprints |
| repository_type | Digital Repository |
| 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 |
| 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 |
| title | 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_short | 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 |
| topic | K Law (General) |
| 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 |