How much was lost to online face mask scams during the pandemic?

Question

Accepted Answer

RM18 million was lost to online face mask scams during the pandemic.

Online scams specifically involving the sale of face masks during the Covid-19 pandemic led to total losses of RM18 million. This figure represents a portion of the broader financial losses attributed to various types of scams occurring during the movement control order (MCO) period.
E-commerce Scams Resulted in Significant Losses

Between the start of the MCO on March 18 and August 4, e-commerce-related scams saw the highest volume of cases, with 2,500 incidents reported. These fraudulent activities within online marketplaces amounted to RM17 million in losses.
Non-Existent Loans and Love Scams Caused Substantial Financial Harm

Scams related to non-existent loans were also prevalent, with 1,582 cases leading to RM18 million in financial losses. Similarly, 'Love Scam' incidents, where perpetrators build romantic relationships to defraud victims, accounted for 481 cases and RM18 million in losses.
Macau Scams Led to the Largest Overall Financial Deficit

The 'Macau Scam', a common type of telephone fraud, recorded 1,001 cases and resulted in the highest total financial deficit among the listed scam types, amounting to RM50 million. SMS scams, though less frequent, still incurred losses of RM800,000 across 91 reported cases.

Reading history

Hide →

This history is cleared when the page is closed.

How much was lost to online face mask scams during the pandemic?

Loading

Was this article helpful?

Helpful

Not helpful

Report an issue

1

0

0

Share with friends