132 articles
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.
The Edge Malaysia reports on a ruling in the country's biggest gold scam case. The outcome is described as justice served 'for now,' suggesting it may be subject to further legal proceedings. Before investing in or joining any direct-selling scheme, verify the company's legitimacy and check its KPDN regulatory status.
Sinar Harian reports that the Direct Selling and Anti-Pyramid Scheme Act 1993 will be amended. The planned legislative changes indicate ongoing regulatory evolution in Malaysia's direct-selling sector. Consumers should stay informed about regulatory updates affecting direct-selling companies and their operations.
Bernama reports that the Direct Selling and Anti-Pyramid Scheme Act 1993 will be amended. The legislative amendments reflect regulatory efforts to strengthen oversight of Malaysia's direct-selling industry. Consumers should monitor regulatory developments to understand how changes may affect direct-selling operations and consumer protections.
Forbes reports that the FTC warned 16 MLM companies about coronavirus-related fraud. The regulatory action highlights concerns about misleading health claims in the direct-selling sector. Malaysian consumers should be cautious of any MLM claims involving health products and verify regulatory approvals through KPDN or relevant authorities.
DayakDaily reports that KPDNHEP is investigating a China-based eCommerce company for alleged involvement in a pyramid scheme. The regulatory probe examines whether the company's business model violates direct-selling regulations. Consumers should verify that any online business they join holds proper KPDN authorization and operates transparently.
Travel Weekly Asia reports that thousands of travelers were stranded at an airport as a result of a tour scam. The incident highlights the risks associated with fraudulent travel and tourism schemes. Consumers should purchase travel services only from verified, licensed operators and avoid unsolicited offers from unregistered sellers.