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Almost RM8bil lost to online fraud since 2020, Dewan Rakyat told

By ARFA YUNUS and KHOO GEK SAN

KUALA LUMPUR: Malaysia recorded nearly RM8bil in losses from online fraud over a six-year period, says Datuk Seri Saifuddin Nasution Ismail, adding that the figure highlights the scale of financial crime.

He said statistics from 2020 to 2025 showed 209,300 cases of online fraud, with total losses amounting to RM7.97bil, driven mainly by telecommunications-related scams and e-commerce fraud.

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Dewan Rakyat , Parliament , Home Ministry , Saifuddin Nasution Ismail , Online Fraud , Losses , Threat , Laws , Amendments , Penalties , Mule Accounts , Agents , Accomplices

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