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The Scam-Proof Investor: Financial Literacy, Financial Behaviour and Investment Scam Awareness

Table 3: Analysis of Fornell-Larcker Discriminant Validity

Construct AIS BE FL MEFL
Understanding Investment Scams 0.830
Behaviour 0.305 0.768
Financial Literacy -0.394 -0.310 1.000
Moderating impact of Financial Literacy 0.291 0.113 -0.021 1.000
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