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Most go bankrupt over loan woes |
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Written by 3K Admin
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Wednesday, 04 August 2010 21:27 |
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 2010/08/04
Reports by Eileen Ng
FAILURE to repay vehicle, business and personal loans top the list of people declared bankrupt between 2005 and May this year.
Deputy Minister in the Prime Minister's Department Datuk Liew Vui Keong said in that period, the Insolvency Department handled 80,348 bankruptcy cases.
Of the total, 31,950 cases or 39.76 per cent involved Malays, 26,805 cases (33.6 per cent) were Chinese, 7,661 cases (9.53 per cent) were Indians while the rest at 13,932 (17.34 per cent) were from other races. |
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Last Updated on Wednesday, 04 August 2010 21:41 |
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Broadband: real speeds barely half what consumers pay for |
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Written by 3K Admin
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Tuesday, 03 August 2010 06:32 |
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 New research from industry regulator Ofcom reveals that broadband speeds are typically delivering just 58 per cent of the tariff internet service providers are advertising By Matt Warman, Consumer Technology Editor
Published: 7:01AM BST 27 Jul 2010 Householders are receiving less than half the the broadband speed they are paying for, according to an official report. The average customer is now charged for a speed of up to 11.5 mbit/s, but receives just 5.2 mbit/s, Ofcom, the industry regulator found.
The findings are the latest indication that consumers are being regularly short-changed by their broadband companies for a service now considered “as essential as a utility”, by the majority of consumers. This is despite paying up to £30 a month for the service. |
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Last Updated on Tuesday, 03 August 2010 06:40 |
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What are the biggest fraud risks? |
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Written by 3K Admin
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Wednesday, 28 July 2010 23:48 |
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Sarah Coles
Jul 12th 2010 at 5:00AM  Filed under: Fraud , Technology and Online
Latest fraud figures reveal that we're at more risk of being conned than ever. So far this year alone there have been 15,000 reported victims of fraud in the UK. We lose an estimated £3.5 billion a year through scams. So what are the biggest risks, and what can we do about it? |
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Last Updated on Thursday, 29 July 2010 00:03 |
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OFT outlines plans to protect online shoppers |
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Written by 3K Admin
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Wednesday, 28 July 2010 23:51 |
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By OUT-LAW.COM Posted in IT Channel, 23rd July 2010 09:21 GMT UK consumers still need to be educated about online shopping to prevent them falling victim to scams and problems, consumer protection regulator the Office of Fair Trading (OFT) has said. The OFT has published plans to improve the protections available for consumers when they are shopping online. It does not recommend the creation of new laws or regulations, but has said that consumers must be better educated, that government guidance for companies must be improved, and that companies and enforcement agencies should work more closely together. |
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Bank Negara seeks to nab five in get-rich-quick schemes |
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Written by 3K Admin
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Wednesday, 28 July 2010 23:41 |
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Wednesday July 28, 2010 By TEE LIN SAY
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
KUALA LUMPUR: Bank Negara is seeking to arrest five individuals who are suspected of operating get-rich-quick schemes.
The five individuals are Dahlan David bin Abdullah, Ramunatul Aida binti Rahmat, Abd Halim bin Rafii, Abdul Halim bin Che Ismail and Harun bin Mat Saat. They are all believed to have commited crimes involved in illegal deposit taking and money laundering. |
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