Illogical returns of forex schemes


THE number of people who have placed their money in foreign exchange (forex) schemes in return for double or triple-digit returns is simply mind-boggling.

In recent times, the topic at most social gatherings is about the whopping returns that the forex schemes are dishing out to their investors. It is said that the returns range from 100% per annum to more than 250% per annum.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , scam forex

Next In Business News

BHIC partners with French DCI to explore defence collaboration
TNB signs Energy Wheeling Agreement
WTK seeks shareholders’ approval for RM555mil plantation acquisitions
TRC Synergy Bhd wins RM249mil construction job
OGX signs underwriting agreement
FBM KLCI extends winning streak, ringgit at one-week high
BP flags up to US$5bil in energy transition impairments, weak oil trading
Indonesia scraps plan to introduce B50 biodiesel this year, will raise palm oil export levy
Gold notches record high, silver cracks US$90 on Fed rate cut bets
Ninja Van Malaysia projects 5-10% growth in domestic parcel volumes in 2026

Others Also Read