What is the comparison of scam losses between last year and this year?

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Scam Losses Increased Significantly This Year Compared to Last Year

This year, between January and April, victims have incurred losses exceeding RM1.5 million due to fraud cases attributed to African perpetrators. This figure represents a substantial increase from the RM326,000 in losses recorded during the same period last year. The number of reported fraud cases has also seen a marked rise, escalating from 15 cases last year to 26 cases in the initial four months of this year.
Increase in Case Numbers

The number of fraud incidents has grown by approximately 73 per cent when comparing the first four months of this year to the corresponding period in the previous year. This escalation in reported cases indicates a growing trend in fraudulent activities involving this specific group.
Exponential Rise in Financial Losses

The financial impact on victims has been even more dramatic, with recorded losses surging by over 300 per cent this year compared to last year. This sharp increase in monetary losses highlights the escalating severity and impact of these scams on individuals.
Victim Demographics and Modus Operandi

Victims, ranging in age from their 20s to their 60s, come from diverse professional backgrounds including private sector employees, nurses, the self-employed, housewives, doctors, and lawyers. These individuals were targeted through various communication channels, including email, phone, Facebook, and WhatsApp, often initiated through deceptive love affairs orchestrated by fraud syndicates.

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What is the comparison of scam losses between last year and this year?

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