Authorities must be more vigilant against scams


IT cannot be denied that a large segment of society today is driven by materialism where the amount of wealth accumulated would typically denote one’s standing. As such, many would not hesitate to participate in investment schemes which offer quick and high returns even if they look dubious.

It is common knowledge that investment schemes in various forms have existed for a long time. But with advanced technology, they have become even more sophisticated and are also transcending borders. High returns on investment are often promised to entice willing parties, and it is unfortunate when these are retirees who use their retirement funds.

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Opinion , letters

   

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