News & Reviews:   Malaysia Scam

As Malaysians are being scammed nearly every day and public trust in our banking systems have plummeted, Bank Negara Malaysia (BNM) was recently reported as announcing that all Financial Institutions like Banks must bear the full responsibility for fraud or scams due to lapses in security. Read more here.

Have you ever received an email threatening you to deposit a certain amount of money to avoid being exposed of surfing sites you shouldn't be or saying you've been hacked or worse? If you have, then you could be a victim of email spoofing.

Read on to understand more about email spoofing, whether or not you should worry about such blackmail/extortion emails and what you can do about it.

Another day in Malaysia and another Malaysian is scammed or cheated. Online scams alone have involved billions of ringgit lost or stolen and new AI tools are enabling scammers as well. Once lost or stolen, recovering said assets can be near impossible (unless you’re really lucky). So, it is better to not get scammed in the first place by being aware of all the possible scams that exist here in Malaysia.

In our opinion, knowing is half the battle won so we’ve listed our top 3 common scams here in Malaysia. In addition, there are already many official online resources such as the Latest Trending Commercial Crimes ebook from PDRM, the Financial Consumer Alert list from Bank Negara Malaysia and more. Read on to avoid being scammed in Malaysia.