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

Umno AGM: Wrongdoings by a few do not reflect actions of the whole armed forces, says Khaled
Umno AGM: Don't fear new political cooperation, but focus on strengthening Malay unity, Johari tells party members
Umno AGM: Veep reminds unity govt component parties to be mindful of words against Umno
Umno will not support URA if convention resolutions not included, says Johari
‘Gay-friendly’ hotel owner apologises
GOF seizes crocodile parts worth RM20,000 in joint ops, one arrested in Perak
Floods: Number of evacuees in S'wak drops to 24, only one relief centre still operating
Community-based AI training to benefit over 22,000 nationwide, says Ramanan
Rex Tan's detention under Sedition Act unnecessary, says Ramkarpal
Wanita Umno to set up special digital squad to boost socmed presence, says Noraini

Others Also Read