Knowledge is the best protection against scams

The Securities Commission (SC) for a long time through its website, media reports and announcements warned the public of cloned entities, scams and unlicensed investments schemes.

THERE are so many scams these days splashed across the news. Even the authorities are all clamouring to set up taskforces and special divisions to monitor and prevent common people falling for scams.

For example, Bank Negara has set up a special unit for scam complaints and handling issues related to victims of scams.