RM300,000 Loss from One Simple WhatsApp Message!
A 72-year-old retired accountant in Malaysia lost more than RM300,000 after falling for an online investment scam that started with a simple message on WhatsApp.
Japan Issues Urgent Warning on $700M Unauthorized Trades
Japan's FSA warns of $700M in unauthorized trades from phishing attacks on brokerage accounts. Cybersecurity threats continue to rise in the country.
Asian Scam Operations Worth €35 Billion Spreading Globally, UN Warns
The UN report reveals the growing threat of transnational crime, driven by AI, money laundering, and scams across Asia, Africa, and Latin America.
Paraguay Faces Crypto Fraud Crisis Amid $4B Ponzi Scams
Paraguay's crypto fraud crisis sees over $4B lost in Ponzi schemes. Fake platforms and local middlemen fuel scams, with authorities fighting back.
How a Viral TikTok Scam Cost a Retiree Over RM300,000
A 66-year-old woman in Malaysia has lost over RM311,000 after falling for a fake stock investment promoted on TikTok.
XGI Horizontal Promised Riches But Delivered a RM600,000 Loss
A woman in her late 40s, working as a civil servant in Sibu, Sarawak, has lost more than RM600,000 to a fake investment scheme promoted through social media.
RM15 Million Gone in Fake Investment Scam
A 77-year-old Malaysian retiree has suffered financial losses totalling RM15.1 million after falling victim to an elaborate share investment scam orchestrated by an individual she knew personally.
Non-Existent Online Scheme Took Away RM580,000
A Malaysian assistant human resources manager has lost nearly RM580,000 to a fraudulent online investment scheme based in Taiwan.
Beware of New Scam Tactics Lurking on WhatsApp!!
A cryptocurrency scam linked to an entity known as “Txex” or “Whalefall” is sweeping across WhatsApp, exploiting the app’s popularity to target investors with promises of extraordinary returns.
You Could Be Next: Scams Stealing Millions from Smart People
Two people have lost close to RM6 million to online investment scams, raising concerns about the growing threat of fraud on digital platforms in Malaysia.
Fake ‘Quantum’ App, Real RM1 Million Loss
A 56-year-old clerk in Malaysia lost more than RM1 million after falling for a fake investment scheme she found through Facebook.
Hong Kong Warns of CBEX Group Fraud Amid Nigerian Outrage
Hong Kong's 2024 alert revealed CBEX Group's fraudulent activities, misleading investors in Nigeria and beyond. Many face significant financial losses and withdrawal issues.
Norfolk Police Warn About Investment Scams: Losses Total $143K
Norfolk OPP urges caution after two residents lost $143K in online trading and crypto scams. Protect yourself from investment fraud.
Singapore Authorities Warn Public of OneMotoring Phishing Scam, $407K Lost
Scam alert! Impersonators posing as OneMotoring have stolen $407,000 through fake messages about unpaid transport bills. Police urge the public to stay alert.
BI Dismantles Large-Scale Online Scam in Makati, Arrests 86 Foreign Nationals
BI arrests 86 foreign nationals involved in online scams in Makati, including Chinese, Malaysian, and Vietnamese workers. Deportation proceedings are underway.
Engineer Defrauded of RM156,000 in ‘Perniagaan Bos’ Investment Scam
A Malaysian engineer has lost RM156,000 after falling victim to a fraudulent investment syndicate operating under the guise of a legitimate business entity.
Cracking the RM3.17 Billion MBI Scam: 8 Arrested, Including 4 Datuks
Malaysian police have uncovered a major financial scam linked to the MBI Group, arresting eight people and seizing assets worth RM3.17 billion. Among those arrested were four individuals with the title “Datuk”, showing the high-level connections involved in the case.
Spanish Police Uncover €19M Crypto Scam Using AI and Fake Celebrity Endorsements
Spanish authorities dismantle a €19M crypto scam using AI-generated celebrity endorsements. Learn how AI deepfakes and social media hacks fuel crypto fraud.
Gold High but Years Gone: Retiree Lost RM2.6 Million in a Gold Investment Scam
A 72-year-old woman from Temerloh, Pahang, lost RM2.6 million after falling victim to an online gold investment scam.
Engineer Duped Twice in RM571,000 Investment Scam via WhatsApp
A Malaysian engineer has lost over RM570,000 after falling victim to two separate online investment scams. Both schemes were introduced to him through WhatsApp messages that promised high and fast returns.