Cambodia investment scams rising
The National Consumer Affairs Center of Japan and related bodies are warning of a rise in fraudulent investment schemes involving real estate in Cambodia, where economic growth is boosting foreign investment. The center received 1,312 inquiries between October 2011 and early this month from consumers who said they were approached about investing in Cambodian real estate. In Saitama Prefecture alone, 27 out of 136 people who contacted the center between April 2011 and June had invested an average of about ¥3 million, with most unable to recover their cash. …
The Japan Staff News Staff
http://www.japantimes.co.jp/news/2013/08/27/national/cambodia-investment-scams-rising/#.Uh1Rq9KBmN8
