Malaysia

Surge in investment fraud cases in Malaysia with losses of RM188 million in just two months

Investment fraud cases increase with 1,459 reported incidents and RM188 million in losses within the first two months of 2026

Updated 6 months ago · Published on 15 Mar 2026 5:08PM

Surge in investment fraud cases in Malaysia with losses of RM188 million in just two months
Authorities urge the public to exercise caution and verify companies before investing - March 15, 2026

INVESTMENT fraud cases in Malaysia have escalated significantly, with the authorities reporting 1,459 cases and RM188 million in financial losses in just the first two months of 2026. This marks an 11% increase in such crimes compared to the same period in 2025.

Commercial Crime Investigation Department (JSJK) Director Datuk Rusdi Mohd Isa said today that while the number of fraud cases had risen, the total financial losses showed a slight decrease compared to the previous year.

Rusdi emphasised that the public must take precautions to avoid falling victim to fraudulent investment schemes.

He urged potential investors to always verify the legitimacy of investment companies by checking their licenses with the relevant financial authorities.

"To avoid being scammed, make sure the company offering the investment has a valid license from the financial authority," Rusdi said in a statement issued today.

He also cautioned the public against investments that promise unrealistic returns in a short amount of time and advised conducting thorough research before committing any funds.

“Never transfer money to an individual’s or a company’s bank account without proper verification. Always ensure that you have legitimate proof or a written agreement,” he added.

Rusdi further noted that any pressure or coercion to invest should be treated as a red flag, signaling potential fraud.

As the number of such scams continues to rise, the authorities are urging the public to stay vigilant and be aware of common warning signs associated with fraudulent investment opportunities. - March 15, 2026

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