PETALING JAYA: Scams continue to cause significant financial and emotional harm in Malaysia, with the latest State of Scam Report (2024) revealing losses amounting to an alarming US$12.8bil (RM53.88bil), which is equivalent to 3% of Malaysia's GDP.
In a recent survey among 1,202 Malaysians, conducted by the Global Anti-Scam Alliance (Gasa), in collaboration with Whoscall and ScamAdviser, it was found that 70% of scam victims did not report their cases to the authorities.
