Easy pickings for get-rich scammers

New opportunities: Johari with Permodalan Nasional Bhd (PNB) group chairman Tan Sri Abdul Wahid Omar (left) and PNB president and group chief executive Datuk Abdul Rahman Ahmad (right) during the launch of Fiesta Labur PNB 2017 event in Putrajaya. — Bernama

PUTRAJAYA: More people are likely to end up becoming victims of “get-rich-quick” scams due to poor financial literacy, according to the Second Finance Minister.

Saying that the reported cases may just be the “tip of the iceberg”, Datuk Seri Johari Abdul Ghani cited the JJ Poor to Rich (JJPTR) case as an example where investors were duped of over RM500mil.