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S’wak recorded RM385mil in losses to online scams since 2022, says Saifuddin

The home minister says non-existent investment scams accounted for the biggest losses at RM165.09 million.

S’wak recorded RM385mil in losses to online scams since 2022, says Saifuddin

Sarawak has recorded RM385.92 million in losses due to online scams since 2022, with the largest group of victims being those aged 21 to 30, amounting to 3,370 cases followed by 3,262 cases for those aged 31 to 40, according to Home Minister Saifuddin Nasution Ismail. The highest number of cases was reported in 2024, with 3,338 cases, and the peak loss occurred in 2023 at RM116.36 million.

E-commerce scams were the most common, with 4,062 cases, followed by telecommunications scams at 4,021 and non-existent loan scams at 1,795. However, non-existent investment scams resulted in the highest financial losses, totaling RM165.09 million. Among the victims, men accounted for 6,398 cases compared to 6,054 women, while private sector employees were the largest occupational group with 4,690 cases, followed by the unemployed (2,558) and students (1,072).

Sibu district had the highest number of cases among Sarawak districts with 2,314 cases, followed by Kuching (2,267) and Miri (1,916).

Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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