BANK Negara Thursday raided Walton International Property Group (M) Sdn Bhd following complaints from the public on land banking schemes promoted by the company.
The central bank said in a statement yesterday that the raids were simultaneously conducted at the premises of the company in Kuala Lumpur, Kota Kinabalu and Kuching.
It advises the public to be cautious of this type of land banking schemes promoted by Walton.
“Any elements of deposit-taking activities and public offerings such as interest schemes or investment in real estate schemes should be referred to the appropriate authorities such as Bank Negara, Suruhanjaya Syarikat Malaysia and Securities Commission,” it says. — Bernama
Canada Land Banking Investment
- The Land Banking is very high risk investment, and so far, i haven't see any good performance from this investment. If you google "Walton International SCAM or EdgeWorth Property Pte Ltd?" @google.com, you will be able to see many complaints @investment forum. Just be careful when land banking investment agent approach you.
- For me, if you want to invest Land Banking, you should buy IJM Land, SP Setia, Mah Sing Group and etc. This is a real business, which is managed by High Quality Managment Team.
The central bank said in a statement yesterday that the raids were simultaneously conducted at the premises of the company in Kuala Lumpur, Kota Kinabalu and Kuching.
It advises the public to be cautious of this type of land banking schemes promoted by Walton.
“Any elements of deposit-taking activities and public offerings such as interest schemes or investment in real estate schemes should be referred to the appropriate authorities such as Bank Negara, Suruhanjaya Syarikat Malaysia and Securities Commission,” it says. — Bernama
Canada Land Banking Investment
- The Land Banking is very high risk investment, and so far, i haven't see any good performance from this investment. If you google "Walton International SCAM or EdgeWorth Property Pte Ltd?" @google.com, you will be able to see many complaints @investment forum. Just be careful when land banking investment agent approach you.
- For me, if you want to invest Land Banking, you should buy IJM Land, SP Setia, Mah Sing Group and etc. This is a real business, which is managed by High Quality Managment Team.
