Telegram tops list of platforms used in investment scams, followed by Facebook and WhatsApp, says Bukit Aman

Merdeka Center survey: More than half of urban Malays open to equal rights for all races, but rural resistance remains strong

He said that in the first eight months of this year, 1,346 investment scam cases, resulting in losses amounting to RM29.96 million, were linked to the use of Telegram. Ramli said the overall losses recorded from online investment scams were alarming, with RM483.95 million reported from January to August.

“The syndicates don’t target specific age groups, as anyone can fall victim to a love scam. For instance, in 2022, the highest number of victims were in the 21 to 30 age group, with 211 individuals. In 2023, police recorded 935 love scam cases involving RM43.9 million in losses, a rise from 792 cases and RM56.2 million in losses in 2022.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Telegram app most commonly used in investment scams, says Bukit AmanKUALA LUMPUR: The Telegram app is one of the 16 primary communication mediums commonly exploited in investment scams, said Bukit Aman Commercial Crime...
Source: theSundaily - 🏆 25. / 51 Read more »

Scam masquerading as Warburg Pincus investment causes RM21.9m losses, 10 locals arrested, says Bukit AmanKUALA LUMPUR, Aug 13 — Bukit Aman Commercial Crimes Investigation Department (CCID) director Datuk Seri Ramli Mohamed Yoosuf today said a scam posing as a Warburg Pincus...
Source: malaymail - 🏆 1. / 86 Read more »