Ponzi schemes and its prevention: insights from Malaysia / Eley Suzana Kasim … [et al.]

• Main Authors: Kasim, Eley Suzana, Md Zina, Norlaila, Mohd Padil, Hazlina, Omar, Normah
• Format: Article
• Language: English
• Published: Universiti Teknologi MARA, Shah Alam: Accounting Research Institute (ARI) 2020
• Subjects: Economics; Business cycles. Economic fluctuations. Economic indicators
• Online Access: https://ir.uitm.edu.my/id/eprint/42272/1/42272.pdf; https://ir.uitm.edu.my/id/eprint/42272/; https://mar.uitm.edu.my/

A Ponzi scheme is a fraudulent investing scheme which promises high rates of return with little risk to investors. The scheme has led to a substantial amount of financial leakages in recent years. Despite warnings by the law enforcement agencies and regulators, many have unfortunately fallen victim....