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Operating status: SCAM
Website: https://www.sahamberjaya.com/
Saham Berjaya marks itself as a legal company while failing to disclose its regulatory information and licensing data, which can be interpreted as a scam indicator. As legitimate brokers always prominently display their accreditation and licenses, whereas the lack of information thereof may suggest the status as an unlicensed broker.
Saham Berjaya, in an attempt to appear real, displays an address in Singapore. According to the country's laws, this broker is required to be regulated by the Monetary Authority of Sigapore (MAS). However, our search for this company in the MAS registry didn't yield any results, suggesting that it is not authorized by the financial regulator.
In essence, Saham Berjaya is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
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