Factors influencing people to involve in get-rich-quick scheme: a case study in the West Coast Of Sabah

The main purpose of this study is to examine the factors that influence the general public to invest in get-rich-quick schemes particularly in the West Coast of Sabah area. The get-rich-quick scheme is considered a fraud investment scheme involving an illegal money deposit taking by a person who pro...

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Main Author:	Zyzy Sazannie Zainal Abidin
Format:	Thesis
Language:	English English
Published:	2016
Subjects:	HV Social pathology Social and public welfare Criminology
Online Access:	https://eprints.ums.edu.my/id/eprint/17884/1/24%20PAGES.pdf https://eprints.ums.edu.my/id/eprint/17884/2/FULLTEXT.pdf
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id	my-ums-ep.17884
record_format	uketd_dc
spelling	my-ums-ep.178842024-06-07T06:12:56Z Factors influencing people to involve in get-rich-quick scheme: a case study in the West Coast Of Sabah 2016 Zyzy Sazannie Zainal Abidin HV Social pathology. Social and public welfare. Criminology The main purpose of this study is to examine the factors that influence the general public to invest in get-rich-quick schemes particularly in the West Coast of Sabah area. The get-rich-quick scheme is considered a fraud investment scheme involving an illegal money deposit taking by a person who promised to give high return without any risk to its depositors. Influencing factors that previously studied are gullibility and risk tolerance. The measurement and structured model in this study were evaluated through SmartPLS 2. Approximately 248 respondents comprising of individuals who have partiCipated in a get-rich-quick scheme ranging from government servants, private sectors' employees, and educational institutions around the West Coast of Sabah took part in the study. The findings revealed that cognition, personality, and emotion are the significant factors that influence the public to participate in the Get-rich-quick schemes. These psychological perspectives which comes both as internal (individual characteristics) and external (pressure from family and friends) factors could explain why the public continue to invest in the get-rich-quick schemes and become victims of such fraudulent investment schemes and could help the authorities to create better programmes. 2016 Thesis https://eprints.ums.edu.my/id/eprint/17884/ https://eprints.ums.edu.my/id/eprint/17884/1/24%20PAGES.pdf text en public https://eprints.ums.edu.my/id/eprint/17884/2/FULLTEXT.pdf text en validuser masters Universiti Malaysia Sabah Fakulti perniagaan, ekonomi dan perakaunan
institution	Universiti Malaysia Sabah
collection	UMS Institutional Repository
language	English English
topic	HV Social pathology Social and public welfare Criminology
spellingShingle	HV Social pathology Social and public welfare Criminology Zyzy Sazannie Zainal Abidin Factors influencing people to involve in get-rich-quick scheme: a case study in the West Coast Of Sabah
description	The main purpose of this study is to examine the factors that influence the general public to invest in get-rich-quick schemes particularly in the West Coast of Sabah area. The get-rich-quick scheme is considered a fraud investment scheme involving an illegal money deposit taking by a person who promised to give high return without any risk to its depositors. Influencing factors that previously studied are gullibility and risk tolerance. The measurement and structured model in this study were evaluated through SmartPLS 2. Approximately 248 respondents comprising of individuals who have partiCipated in a get-rich-quick scheme ranging from government servants, private sectors' employees, and educational institutions around the West Coast of Sabah took part in the study. The findings revealed that cognition, personality, and emotion are the significant factors that influence the public to participate in the Get-rich-quick schemes. These psychological perspectives which comes both as internal (individual characteristics) and external (pressure from family and friends) factors could explain why the public continue to invest in the get-rich-quick schemes and become victims of such fraudulent investment schemes and could help the authorities to create better programmes.
format	Thesis
qualification_level	Master's degree
author	Zyzy Sazannie Zainal Abidin
author_facet	Zyzy Sazannie Zainal Abidin
author_sort	Zyzy Sazannie Zainal Abidin
title	Factors influencing people to involve in get-rich-quick scheme: a case study in the West Coast Of Sabah
title_short	Factors influencing people to involve in get-rich-quick scheme: a case study in the West Coast Of Sabah
title_full	Factors influencing people to involve in get-rich-quick scheme: a case study in the West Coast Of Sabah
title_fullStr	Factors influencing people to involve in get-rich-quick scheme: a case study in the West Coast Of Sabah
title_full_unstemmed	Factors influencing people to involve in get-rich-quick scheme: a case study in the West Coast Of Sabah
title_sort	factors influencing people to involve in get-rich-quick scheme: a case study in the west coast of sabah
granting_institution	Universiti Malaysia Sabah
granting_department	Fakulti perniagaan, ekonomi dan perakaunan
publishDate	2016
url	https://eprints.ums.edu.my/id/eprint/17884/1/24%20PAGES.pdf https://eprints.ums.edu.my/id/eprint/17884/2/FULLTEXT.pdf
_version_	1804890313552035840

Factors influencing people to involve in get-rich-quick scheme: a case study in the West Coast Of Sabah

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