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Published On: Tue, Jul 12th, 2016

Public Reminded To Avoid Get-Rich-Quick Schemes Not Cleared By Attorney General

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PETALING JAYA:  Today officials warned Malaysians to avoid shady ‘get rich quick’ offshore investment schemes unless they had been cleared of all wrongdoing by the Attorney-General.

“Many of these ‘too good to be true’ investments promise overnight fortunes,” said a consumer protection analyst, “but as with all pyramid schemes, the big bucks are made by an elite few at the top, while the suckers below finance their lavish lifestyles.”

“If you discover an exotic-sounding investment scheme that promises huge returns from exotic locales, do the smart thing and hang onto your cash.   However, in the case of a certain Attorney-General approved international wealth fund, taxpayers may find themselves putting money into it whether they like it or not!”