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WeFi

Operating status: SCAM

Website: https://gowefi.com/

Broker violations and abnormal records
  • Jun 08, 2020 The Securities Commission Malaysia (SC) Added WeFi into Its Investor Alert List

    In 2020, The Securities Commission Malaysia (SC) issued a warning against WeFi that this firm may possibly be a clone operating an illegal investment scheme and carrying on unlicensed capital market activities of dealing in securities. You may visit: https://www.sc.com.my/regulation/enforcement/investor-alerts/sc-investor-alerts/investor-alert-list


    In 2020, The Securities Commission Malaysia (SC) issued a warning against WeFi that this firm may possibly be a clone operating an illegal investment scheme and carrying on unlicensed capital market activities of dealing in securities. You may visit: https://www.sc.com.my/regulation/enforcement/investor-alerts/sc-investor-alerts/investor-alert-list
  • Feb 23, 2023 BrokersView has Reviewed that WeFi is an Unregulated Broker

    WeFi presents zero details about its regulations on its website, Lacking regulatory information is already a huge red flag for potential investors. 

    More importantly, the Securities Commission Malaysia (SC) issued a warning against WeFi that this firm may possibly be a clone operating an illegal investment scheme and carrying on unlicensed capital market activities of dealing in securities.

    The truth is, WeFi may not be under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.


    WeFi presents zero details about its regulations on its website, Lacking regulatory information is already a huge red flag for potential investors. More importantly, the Securities Commission Malaysia (SC) issued a warning against WeFi that this firm may possibly be a clone operating an illegal investment scheme and carrying on unlicensed capital market activities of dealing in securities.The truth is, WeFi may not be under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.

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