Plan Your 'Balik Kampung' Journey

Once again it's time for Malaysians to join in the `balik kampung' rush with most driving back home and another sizable number using public transportation. ...

History Behind the Malaysian Flag

The Malaysian flag which became known as Jalur Gemilang in later years was actually created a few years before independence. According to the history, when the Federation of Mal...

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The Art and Crime of Hacking

Since the day it was invented in the late fifties, computer technology has developed immeasurably. People nowadays depend on computers for almost everything as it is now capable...

PAS-Umno Unity: Will History Repeat Itself?

The talk of unity between Umno and PAS have been going on for quite some time now with both parties indicating more openness to discuss on the idea now than they were when it fi...

Onn Jaafar: The Pioneer of Malaya's Struggle for Independence

Dato Onn Jaafar was born in 1895 at Bukit Gambir, Johor Bahru. His father Dato Jaafar Haji Muhammad was the first Menteri Besar of Johor while his mother, Hanim Rogayah was from...

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A Guide to Fast and Convenient Sahur Meals

Sahur is an Islamic term referring to the meal consumed early in the morning by Muslims before fasting in daylight hours during the Islamic month of Ramadan. The meal is eaten b...

03 September 2010 | Friday

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Friday, 30 July 2010 01:13
Ministry to Expose Illegal Aspects of Pyramid Scheme Business	\| Print \|

KUALA LUMPUR, 29 JULY, 2010: The Domestic Trade, Cooperatives and Consumerism Ministry is to publish in newspapers the 10 characteristics of the pyramid scheme business contrary to regulations to prevent people falling prey to cheats, Minister Datuk Seri Ismail Sabri Yaakob said today.

"I feel the people should protect themselves from being cheated under the scheme," he told reporters after opening the new building of the Companies Commission of Malaysia at Kuala Lumpur Sentral, here.

He was commenting on a news report today on the police success in uncovering the activities of a get-rich-quick scheme after arresting 59 people and confiscating 18 luxury cars in a raid in Petaling Jaya.

He said many people continued to be victimised although the government had advised the people to be cautious when investing in such schemes.

- Bernama