Don't Get Trapped in Illegal Money Dealings
Excerpt from a bank brochure ...Andrew K H Tan at
http://www.HotelBookingPro.com
1.What Is A "Get Rich Quick" Scheme ?
A plan which offers high or unrealistic rates of return for a small
investment while at the same time promising that such investment is easy and
risk-free.
The following "Get Rich Quick" schemes are prohibited under the legislation
administered by Bank Negara Malaysia:
Illegal Deposit Taking Activities
Illegal deposit taking is an act of receiving, taking or accepting deposits
( moneys, precious metals, precious stone, any other article etc.) from
members of the public that promises a repayment with interest or returns in
money or money's worth without a valid licence under the Banking and
Financial Institutions Act 1989(BAFIA)