Malaysia

Over RM850 mil lost to online scams last year: Azalina

However, Commercial Crime Investigation Dept statistics show slight drop in cases

Updated 3 years ago · Published on 23 Mar 2023 2:22PM

Over RM850 mil lost to online scams last year: Azalina
Datuk Seri Azalina Othman Said says that the government and police have a platform to receive and share information related to scammers with other agencies as part of the planning for joint operations. – SADIQ ASYRAF/The Vibes file pic, March 23, 2023

KUALA LUMPUR – More than RM850 million were lost to online scams in 2022, even though the number of reported cases saw a slight drop compared to 2021.

According to statistics by the Commercial Crime Investigation Department, the total loss recorded last year amounted to RM850,846,659.24 as compared to RM700,015,419.49 in 2021, as well as RM658,657,580.59 in 2020.

There were a total of 25,480 reports on online scams last year compared to 26,297 in 2021, and 21,497 cases in 2020, said law minister Datuk Seri Azalina Othman Said (Pengerang-BN) in a written parliamentary reply.

This was in response to Fong Kui Lun (Bukit Bintang-PH) who asked about actions taken by the government in combating online scams.

Azalina said continuous collaboration with local banks has resulted in the introduction of the “kill switch” for any suspicious banking transactions.

She added that the government and police have a platform to receive and share information related to scammers with other agencies as part of the planning for joint operations.

She also gave the example of the setting up of the National Scam Response Centre that brings together expertise of police, Bank Negara, the Malaysian Communication and Multimedia Commission, and the National Anti-Financial Crime Centre.

“Anti-scam campaigns by government agencies is one of the planned programmes to help spread public awareness on how scammers operate. This is so the public can avoid falling victim to scams.”

Yesterday, Azalina’s deputy Ramkarpal Singh told Dewan Negara that the government is studying several provisions in the law that could be used or amended to allow refunds to victims of online scams.

He added that the laws being reviewed included the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001, as well as the Penal Code and the Criminal Procedure Code. – The Vibes, March 23, 2023

Related News

Malaysia / 2y

Dewan Rakyat suspends Wan Fayhsal for 6 months

Malaysia / 2y

What more must the authorities do to combat online scams?

Malaysia / 2y

Azalina claims certain bids to disrupt criminal proceedings against Stampa

Malaysia / 2y

Opposition MP support for Anwar doesn’t violate anti-party hopping act, says Azalina

Malaysia / 2y

Legislation in 2024 to be people-centric, says Azalina

Malaysia / 2y

Call for action against banks over online scams

Spotlight

Opinion

Can Najib break Madani?

World

Trump offers UFC CEO the position of Press Secretary

Malaysia

Building a great nation begins with happy families, says Anwar

Malaysia

Anwar should sack BN ministers who are not aligned with him – Muhyiddin

Malaysia

AGC rejects claims of defying King’s decree on Najib

Malaysia

Deepavali: Selangor Sultan calls on Malaysians to strengthen unity, reject hatred

Malaysia

If there were still obstacles, why accept the RM50m payment, asks Najib’s daughter

Malaysia

Where did UMNO's RM50 million payment for Najib's release come from?

By The Vibes Says

You may be interested

Malaysia

BNM warns of scammers posing as others using fake websites and malicious apps

Malaysia

Ismail dismisses talk of MB succession

Malaysia

Federal Court appeal holds up Rosmah’s bid to introduce fresh evidence in solar graft case

Malaysia

Malaysia at risk of becoming international drug trafficking transit hub

Malaysia

Agong: Challenging Najib’s house arrest order amounts to defying royal decree

By Alfian Z.M. Tahir

Malaysia

Prepare a 72-hour food supply; avoid panic buying – FOMCA

Malaysia

Tony Pua urges BNM, MACC to audit RM50 million fund used to pay Najib’s fine

Malaysia

Kuala Pilah MP calls for PAC oversight of ministries’ excess spending

By Alfian Z.M. Tahir