Online scam losses hit RM1.2b, but only RM14.3m recovered, Home Minster says
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Police arrests 7,262 people in 968 raids on suspected scam syndicates between 2024 and September this year
From the original report
ONLY RM14.3 million was recovered for online scam victims between October 2022 and September this year, against reported losses of RM1.2 billion, highlighting the challenge of returning stolen funds to victims, Home Minister Saifuddin Nasution Ismail said.
He said the National Scam Response Centre (NSRC) had acted on victims' complaints to block funds from being transferred to other bank accounts suspected of being linked to scams, but the amount recovered remained far below the losses reported.
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- Source
- The Vibes
- Originally published
- Oct 27, 2026
- Updated here
- Oct 27, 2026
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- Malaysia Times desk (brief) — reporting by the source
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