Category: Scams

Get-Rich-Quick Schemes Cause RM845m Losses

THEY use scantily-clad girls to “persuade” potential investors to make the right “investments”. Some offer you all the food you can eat so that you will bring in even more customers to their “special outlets”. And then there are the gold bars and gold coins and promises of huge returns on foreign exchange. In this…
Read more


March 23, 2016 0

Investor Alert

Where to seek help BANK Negara Malaysia and the Securities Commission have advised the public to be cautious of deposit-taking and investment schemes offering extraordinarily high returns over a short period. They advise the public to verify such investments via channels such as the Internet and phone calls to regulatory bodies, and to check on companies which…
Read more


March 23, 2016 0

Advice From A Fraud Lawyer

● REMEMBER, scam artists prey on your emotions, such as patriotism. Before you help an individual or a charity, take time to find out what you are getting into; ● Always ask questions. Find out what options are available. For example, if a caller informs you that you have won something, ask if they can…
Read more


March 23, 2016 0

Lure Of The Birds And Nest

Located in a new commercial precinct in the heart of Petaling Jaya is a company that invites people to invest in the bird’s nest business by asking them to cough up RM24,800 to purchase a “lot” but one has the option to buy more lots. The company known as Golden Nest Properties International (M) Bhd…
Read more


March 22, 2016 0

A Golden Investment That Sounds Too Good To Be True

WHEN times are volatile and the economic cycle erratic, investors often turn to gold as a safe investment. However, unscrupulous companies have now come up with very attractive ways to market gold in the form of coins or bars. What makes this type of investment attractive or seem safe is not just the returns but…
Read more


March 22, 2016 0

Losing All In Get-Rich Schemes

PETALING JAYA: The lure of making a fast buck or easy money has opened up opportunities for various organisations to come up with ingenious ways to attract the public to invest. Such schemes, known locally as “skim cepat kaya”, have made Malaysians lose millions of ringgit. According to the police’s Federal Commercial Crime Investigation Department,…
Read more


March 22, 2016 0

Beware Of SMS And E-mail Promising Gifts, Public Told

PETALING JAYA: Bank customers are warned against being duped by SMSes and e-mail promising money and gifts, said an advisory forum chairman. Communications and Multimedia Content Forum of Malaysia chairman Datuk Borhanuddin Osman said that in some instances, the promise of gifts and easy money might tempt people into falling for the scams. “You need to…
Read more


March 22, 2016 0

Common Work At Home Scams

Scams are every where online. Just about every where you go online you will find ads for so-called “easy and fast money” jobs. Anything that promises “easy money” or “big bucks part time” is full of it. Don’t waste your time on something that promises fast and easy money because it’s not going to happen.…
Read more


March 22, 2016 0

Latest ATM Fraud

Beware of the latest ATM fraud, click here to find out.


March 22, 2016 0

Don’t Fall For Scams, Police Remind Public

KUALA LUMPUR: People continue to fall for scams as syndicates change tactics and strategies. City commercial crime division chief Asst Comm Mohd Aris Ramli said that, despite constant media coverage, people were still being duped by well-known ruses such as black money and tender scams. “The syndicates tend to change their tactics but the catch…
Read more


March 22, 2016 0