FIMM bars three former consultants over forged signatures, investor funds misconduct
KUALA LUMPUR, Sept 10 — The Federation of Investment Managers Malaysia (FIMM) recently reprimanded three former un...
The Federation of Investment Managers Malaysia (FIMM) has disciplined three former consultants for misconduct and breaches of their rules. Former Malayan Banking Bhd UTS consultant Mohd Nur Aliff Hasroni was barred from FIMM registration for three years after allegedly providing false information about a fixed deposit and forging investors' signatures.
Principal Asset Management Bhd consultant Nor Azlina Omar was found guilty of forging seven investors' signatures on redemption forms, redemptions totaling RM163,963.82, and misappropriating RM79,700 from an ATM card and online banking. She too was barred from future FIMM registration. Public Mutual Bhd UTS consultant Mohamad Firdaus Ahmad accepted RM15,000 in cash for an investment and misappropriated funds received, providing false documents to investors.
He has been barred from registration for five years. FIMM stated the disciplinary actions were taken to enforce compliance with their rules and protect investors.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
