Internet Marketing and online Transaction become one of the most popular Internet activities in Malaysia nowadays. Users are tend to use online transaction to buy and sell goods which can be done trough several service provider such as e-gold, stormpay, PayPal and several local banks. Online trading trough several service provider such as eBay, lelong.com and other method of selling has increase. Such legal activities are good for the economic flows and shows that users are become more sophisticated. It did help to increase the effectiveness of daily life.
However, these sudden Internet activities increases open an opportunity to some irresponsible individual or group to do some illegal activities such as investment fraud, illegal selling activities, “skim cepat kaya” and many more.
One of it is Internet investment scheme, which has become the big issue in 2007. Big Numbers of users falls into this fraud. The Securities Commission and Bank Negara Malaysia has warn the public to be on guard against investment scams promoted on the Internet. It is advisable to check weather the company are licensed by Bank Negara Malaysia to accept deposits before taking part in any Internet investment.
Internet businesses are effective but it is important to be more careful in what kind of activities you are going to involve. Most important is to know the risk.
However, these sudden Internet activities increases open an opportunity to some irresponsible individual or group to do some illegal activities such as investment fraud, illegal selling activities, “skim cepat kaya” and many more.
One of it is Internet investment scheme, which has become the big issue in 2007. Big Numbers of users falls into this fraud. The Securities Commission and Bank Negara Malaysia has warn the public to be on guard against investment scams promoted on the Internet. It is advisable to check weather the company are licensed by Bank Negara Malaysia to accept deposits before taking part in any Internet investment.
Internet businesses are effective but it is important to be more careful in what kind of activities you are going to involve. Most important is to know the risk.
