Online Fraud Losses Nearly Double in Malaysia: RM2.97 Billion Lost in 2025 Amid Rising Investment and Telecoms Scams
Malaysia's online fraud losses nearly doubled to RM2.97 billion in 2025 from RM1.57 billion in 2024, according to the Home Ministry. Investment scams and telecommunications fraud dominate losses, with Selangor and Kuala Lumpur hit hardest.