Listed
Potential clone entity – ZICO Capital (WhatsApp)
Potential clone entity – ZICO Capital (WhatsApp) has been listed on the Securities Commission Investor Alert List since 2024. This list records entities not licensed or approved by the regulator for financial or investment activities in Malaysia, including clone entities that copy licensed firms' names.
Official Record
| Warning list | SC · Investor Alert List |
| Added | 2024 (SC) |
| Category | Misusing the name and credentials of ZICO Capital Sdn. Bhd. (eCMSL/A0345/2017) a licensed entity with SC for advising on corporate finance to carry out an illegal investment scheme offering high returns e.g. return of RM13,480 in 3-5 hours with investment of RM300 |
| Official source | SC · Investor Alert List ↗ |
Record History
- 2024Added to the Securities Commission's Investor Alert List
Is Potential clone entity – ZICO Capital (WhatsApp) licensed?
Potential clone entity – ZICO Capital (WhatsApp) appears on the official SC warning list. The list records entities not licensed or approved for those activities. A listing is not a court finding — for certainty, verify directly with BNM TELELINK 1-300-88-5465 or the SC on 03-6204 8999 before dealing with it.
Other entities on the same list
| 04.07.2025 | P2Connect | BNMSC |
| 28.03.2025 | Global Asia FX | BNMSC |
| 24.06.2024 | JustMarkets | BNMSC |
| 24.06.2024 | Emar Markets | BNMSC |
| 2024 | Instaforex | BNMSC |
| 2024 | Exclusive Markets | SC |
| 2024 | Potential clone entity – Fidelity (FiD Por) | SC |
| 2024 | Potential clone entity – WEBELL / Webull Securities Solution Sdn Bhd | SC |
Related guides
NOTE — The information above mirrors facts from the public BNM and SC warning lists as of 23.09.2026, checked daily. SemakScam.com makes no claims of its own about this entity. If an entity is removed from an official list, this page is updated within 24 hours.