Scams

Malaysia records RM2.7bil losses from 67,735 online scams in 11 months

KUALA LUMPUR: Malaysians lost more than RM2.7 billion to online crimes from January to November 2025, with police recording 67,735 cases nationwide.

Bukit Aman’s Commercial Crime Investigation Department revealed telecommunications scams topped the list with 28,698 cases, followed by e-commerce fraud (14,881) and non-existent investment schemes (9,296). Investment scams inflicted the heaviest damage at RM1.37 billion, while telco fraud cost RM715.7 million and e-finance scams RM458.1 million.

online scams

Authorities urged immediate action: contact banks to freeze suspicious transactions and call the National Scam Response Centre hotline 997, then file a police report. The sharp surge in cybercrime highlights growing sophistication of scammers targeting investments, loans and romance victims.

Business News

Table of Contents

News Malaysia and Global

Read More News on Latest Malaysia

Read More News on Business News Malaysia

Read More News on SG Business News

Read More News on World Future TV

Read More News #latestmalaysia

kazimahmood

Recent Posts

Malaysian Banks Seen Resilient Against Energy Price Shocks

Strong fundamentals support resilience in the banking sector.

18 hours ago

Succession Planning Key to Sustaining Family Businesses

Structured transitions help ensure long-term stability.

19 hours ago

Greatech Seen Poised for Earnings Upgrades Amid Record Order Book


Analysts see upside for Greatech as record orders, data centre demand and improving execution support…

23 hours ago

Mitrajaya Outlook Supported By Data Centre Exposure, Strong Order Book

Mitrajaya’s earnings outlook remains positive, supported by stronger revenue recognition, data centre projects and steady…

1 day ago

US-Iran Talks Lift Sentiment Despite Lingering Market Caution

Improving US-Iran negotiations and easing oil prices lifted global sentiment, while investors stayed cautious ahead…

1 day ago

Vietnam’s Rising Influence in ASEAN Takes Centre Stage at the Shangri-La Dialogue

Vietnam's General Secretary To Lam will visit Thailand, Singapore, and the Philippines from May 27…

2 days ago

This website uses cookies.