NEARLY RM8bil in losses from online fraud was recorded over a six-year period, says Datuk Seri Saifuddin Nasution Ismail.
Older adults lost $2.4 billion in scams in 2024, four times higher than the $600 million lost in 2020, according to the Federal Trade Commission. Online scams, or cyber scams, are one common way ...
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.
Reports of fraud against older adults rose significantly in 2020, according to the Federal Bureau of Investigation. Of the nearly 792,000 fraud complaints filed, approximately 28% of the victims were ...
Internet scams have evolved alongside technology, from crude text-based deceptions in the 1990s to sophisticated AI-powered frauds that can convincingly impersonate voices and faces, making them ...
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Vietnamese lose nearly $1.5B to online scams in last 5 years: How to spot 9 major schemes
Since 2020 there have been more than 24,000 cases of online fraud in Vietnam, many using sophisticated tactics to exploit victims' psychology and steal nearly VND40 trillion (US$1.5 billion), the ...
Stories like this rarely end well. The ideal partner turns out to be a sophisticated scam artist, and a love-struck single is left not only broken-hearted — but broke. Being scammed by a romantic ...
When we talk about fraud that can inflict a severe financial and emotional toll on the victims, it’s not hyperbole. One area where this is increasingly evident is elder fraud, as the amounts of money ...
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