Autoriti Monetari Brunei Darussalam (AMBD) has found that a company not registered in Brunei Darussalam has been contacting members of the public with investment opportunities in foreign real estate.
AMBD would like to remind the public to be careful when participating in any schemes or financial transactions. It is important to conduct due diligence and to check the legitimacy of such individuals/company as well as the inherent risks associated before agreeing to any financial transactions. Amongst the signs which indicate that the transaction may not be legitimate are the use of pressure tactics, or use of dubious documentations are involved.
More details in Thursday’s Borneo Bulletin.
The post AMBD warns public of financial scam in foreign real estate investment appeared first on Borneo Bulletin Online.