KUALA LUMPUR: Divorce, custody battles, police reports and fist fights. These are just some of the repercussions in families ripped apart due to pyramid schemes.
Of the hundreds of cases annually where people claim to have lost their investments to multi-level marketing (MLM) schemes, a majority of them had been convinced to part with their money by their own family members, says MCA Public Services and Complaints chief Datuk Seri Michael Chong.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!