Keyword: "financial scams"

Since its establishment, the National Scam Response Centre of Malaysia has prevented more than 34.05 million MYR (8.5 million USD) from falling into the hands of scam syndicates. The amount returned to victims rose significantly from 508,479 MYR in 2024 to 6.65 million MYR in 2025.

Malaysian police have arrested thousands of loan sharks and cracked down on financial scammers since 2010, said an official.

Bank Negara Malaysia (BNM) has warned that drastic actions will be taken against perpetrators and investors of illegal financial schemes through a line-up of regulations.