Scam Notice: Fraudulent Schemes mentioning Excelerate and K-Youth

Excelerate Sdn Bhd (“Excelerate”) has been made aware of unauthorised individuals and/ or organisations
(1) falsely using the Excelerate name and impersonating Excelerate employees/ agents on social media platforms and messaging apps, and
(2) publishing misleading information and claiming to recruit participants for the K-Youth Development Programme (“K-Youth”), a Khazanah Nasional Berhad initiative.

These fraudulent schemes and misleading information are forms of phishing attacks and confidence tricks, attempting to unlawfully acquire personal data, including bank account details and identification documents, and/or money from members of the public. These scams have been reported to the relevant authorities.

Excelerate stresses that:

• Excelerate only accepts applications to the K-Youth programme through the official registration form listed on this official webpage - https://excelerate.asia/k-youth
• Excelerate does not accept applications via social media platforms like WhatsApp, Instagram, Facebook etc.
• Excelerate does not accept applications through agents, recruiters, or other individuals.
• Excelerate only communicates with applicants and potential applicants through business accounts, e.g., WhatsApp Business.

Here are a few quick ways to recognise attempted fraud:

1. Excelerate official website pages always include https://excelerate.asia. Any other format is not genuine
2. Applications to the Excelerate K-Youth programme are only accepted through https://excelerate.asia/k-youth. Any other link is not genuine.
3. Excelerate phone numbers and WhatsApp business accounts are listed on https://excelerate.asia/contact-us. WhatsApp messages from other accounts should be treated with extreme caution.
4. Official emails from Excelerate will come from email addresses ending in "@excelerate.asia". All other emails are not genuine.
5. No money transfers or payments of any kind will ever be requested from applicants at any point in the K-Youth application process.

Should you receive any suspicious messages as described above, exercise extreme caution and forward the suspicious messages to contactus@excelerate.asia.

Consult the Malaysian Communications and Multimedia Commission website at https://www.mcmc.gov.my/ to learn more about fraudulent online schemes and how to combat them.

DISCLAIMER: Excelerate shall not be responsible for the content of any information nor shall it be liable for any conclusion, loss or damage of any nature whatsoever suffered or may be suffered by any part or members of the public arising from or as a result of reliance on or usage of any information relating to K-Youth Development Programme from websites, email domains, portals, forums, groups and mobile phone numbers which are not authorised by Excelerate.