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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
https://eprints.ums.edu.my/id/eprint/17884/
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spelling my.ums.eprints.178842024-06-07T06:12:56Z https://eprints.ums.edu.my/id/eprint/17884/ Factors influencing people to involve in get-rich-quick scheme: a case study in the West Coast Of Sabah 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 NonPeerReviewed text en https://eprints.ums.edu.my/id/eprint/17884/1/24%20PAGES.pdf text en https://eprints.ums.edu.my/id/eprint/17884/2/FULLTEXT.pdf Zyzy Sazannie Zainal Abidin (2016) Factors influencing people to involve in get-rich-quick scheme: a case study in the West Coast Of Sabah. Masters thesis, Universiti Malaysia Sabah.
institution Universiti Malaysia Sabah
building UMS Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Sabah
content_source UMS Institutional Repository
url_provider http://eprints.ums.edu.my/
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
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
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
https://eprints.ums.edu.my/id/eprint/17884/
_version_ 1802978342166593536
score 13.211869

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