114 articles
Bernama reported that seven individuals were arrested and luxury vehicles along with nearly RM1 million in cash were seized in a pyramid scheme case. Consumers should verify that any direct-selling opportunity is registered with KPDN and avoid schemes promising unrealistic returns.
Free Malaysia Today warned consumers to avoid falling for home-cleaning advertisement scams that circulate in Malaysia. Verify the legitimacy of businesses before responding to unsolicited offers and always check KPDN records for properly licensed direct-selling companies.
The Straits Times reports that police have issued a warning against scams involving online orders for devices such as the iPhone 14. Consumers should purchase electronics only from authorized retailers and verify seller credentials before making online transactions.
A Malaysian agarwood company has distanced itself from allegations involving a RM22 million scam, according to Free Malaysia Today. This case highlights risks associated with investment schemes in the direct-selling and commodity sectors. Consumers should exercise caution and verify company legitimacy and licensing before committing funds.
SoyaCincau has issued a public service announcement warning that the RM79.90 Raya 2022 Limited Edition MaxTag is a scam. This alert highlights the prevalence of fraudulent product sales online and through unsanctioned channels. Consumers should purchase only from authorized retailers and verify product authenticity before making payments.
Outlook India has published an article discussing Amway fraud and explaining the distinction between pyramid schemes and multi-level marketing. This educational content clarifies the characteristics and risks of deceptive sales structures. Consumers should understand these differences and verify any company's business model and KPDN license before participation.
MyJoyOnline reports that QNET is preparing to launch an anti-scam education campaign across sub-Saharan Africa. Consumers should remain cautious of direct-selling schemes and verify any company's KPDN license and product registration before participating.
The Straits Times reports that a man was arrested in connection with a scam involving the fraudulent sale of a TV monitor on the Carousell marketplace. This incident highlights risks of online marketplace fraud affecting regional consumers. Buyers should use caution, verify seller credentials, and use secure payment methods on online platforms.
The Straits Times reports that police have issued a warning about a scam targeting individuals who sell gaming accounts. Perpetrators exploit the online trading market to defraud victims. Malaysians engaging in online sales should exercise caution and verify buyer identities before transactions.
The Rakyat Post reports on the rise of cash-on-delivery (COD) scams and provides guidance on avoiding them. The article outlines methods used by scammers targeting online shoppers. Malaysians should verify seller credentials and use secure payment methods when making online purchases.
AsiaOne has published a personal account of someone whose mother lost her savings in a Ponzi scheme. Consumers should be wary of investment schemes promising unusually high returns and verify any financial opportunity through official regulatory channels.
Free Malaysia Today reports that police have exposed an online scam involving fraudulent retail rating boosts. The scheme artificially inflates product ratings on e-commerce platforms to deceive consumers. Shoppers should rely on balanced reviews from verified purchases and authentic customer feedback when evaluating products.