Scam complaints in Malaysia up 300% since 2019


PETALING JAYA: Complaints and enquiries on scams and unlicensed activities shot up by over 300% between 2019 and 2023, according to the Securities Commission (SC).

The commission’s Investors Alert List sighted by The Star also revealed that some 15 sites were flagged by the SC for operating as potential clone entities so far this year.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
#JanganKenaScam

Next In Nation

Negri Sembilan DOSH to probe cause of ammonia explosion
Improvements to Sara distribution ensure more orderly, targeted aid disbursement, says PM
Selangor MMEA foils attempt to smuggle 32 illegal migrants out of Malaysia
Local actress Nadia Kesuma reported missing after arriving in Jeddah
Bukit Aman to follow PM's freeze directive, says IGP
Pause plastic, e-waste imports for six months, Azam Baki urges govt
Malaysiakini editor meets Umno leaders on AGM sidelines, apologises for social media blunder
Marine police seize nearly 79,000 litres of diesel in Pasir Gudang raid
Duo crushed to death by 10-tonne lorry while attempting brake repair
Teen drowns while saving friend at Langkawi waterfall

Others Also Read