Citation

Suhaimi, Shadia and Hashim, Haniza and Mohd, Siti Nurul Huda and Shafee, Nur Baiti and En, Goh Qi and Suhaimi, Dina Miza (2026) Exposing the Risks: Key Factors Driving Young Adults into Investment Scams. Studies in Systems, Decision and Control, 612. pp. 1013-1021. ISSN 2198-4182

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Abstract

An investment scam refers to a fraudulent scheme wherein financial instruments are unlawfully traded. Most investment scams are characterized by unregistered securities, complex strategies, and promise high returns without having any financial risk. According to Annual Report 2020 by Securities Commission Malaysia (SC), in year 2020, investment scams cases in Malaysia continued to rise every year, with an increase of 70% in investor complaints and illegal investment scheme is 37% of all complaints compared to the year before. Therefore, the purpose of this study is to investigate the factors that lead young adults to fall on investment scams. This study investigations are mainly focusing on the relation between the independent variables-age, education, income, financial literacy and susceptibility of persuasion and the dependent variable-investment scam. In this study, primary data are used to analyse the variables in this research that are related to the topic. The primary data is collected by a total of 200 questionnaires that are distributed to survey young adults in Malaysia. The results are analysed by SPSS software in the form of a table to make the reader more understand the relationship between independent variables and dependent variables.

Item Type:	Article
Uncontrolled Keywords:	Financial instruments
Subjects:	H Social Sciences > HG Finance > HG1501-3550 Banking > HG1710-1710.5 Electronic funds transfers
Divisions:	Faculty of Business (FOB)
Depositing User:	Ms Rosnani Abd Wahab
Date Deposited:	10 Feb 2026 04:18
Last Modified:	10 Feb 2026 04:18
URII:	http://shdl.mmu.edu.my/id/eprint/15296

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