Malaysia recorded a significant rise in online fraud cases since 2020, says SC chairman


GEORGE TOWN: Malaysia has experienced a significant increase in online scam cases over the past two years, says Securities Commission Malaysia (SC) executive chairman Datuk Seri Dr Awang Adek Hussin (pic).

He said that, between 2020 and 2022, the total number of fraud-related complaints rose by 100%.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Scam , Malaysia , Increase , Investment , Financial ,

Next In Nation

INTERACTIVE: Top 11 young players to watch this World Cup
Good morning, beautiful game
Chinese temples the latest target of thieves in Kulai
Pak Azad slams cyber trolls
‘Electoral clashes likely’
Guides�–�the first line of defence
PAS-Bersatu split comes as no surprise, says Zahid
Orang Asli reps lodge police reports over claims Jaslinda was 'confined' by Tok Batin
Ramanan: Malaysia joins ILO’s global coalition for social justice
Negri royal row: Ceremony proclaiming Tunku Nadzaruddin as new Ruler declared illegal by royal comptroller

Others Also Read