262 articles
The Straits Times reports that a man has been arrested on suspicion of involvement in a scam conducted on the Carousell online marketplace platform. Consumers using such platforms should verify seller credentials, meet in safe public locations, and report suspicious activity to platform authorities.
The Straits Times reported an online mooncake scam in which 27 victims lost a total of $325,000 within a month. This case highlights the risks of online purchases from unverified sellers. Malaysian consumers should verify seller credentials and exercise caution when making online purchases, especially for seasonal products.
The Edge Malaysia reports that TA Securities has forecast that Amway is likely to face headwinds due to weakening consumer sentiment in the market. Investors considering MLM-related investments should carefully assess market conditions and verify any company's regulatory compliance with KPDN.
The Edge Malaysia reported that Amway has issued a profit warning for its FY2023 financial results due to weakening consumer spending. Direct-selling participants should carefully monitor company financial health and verify proper licensing before joining.
Channel NewsAsia has published an article examining multi-level marketing opportunities, which often promote income promises such as earning five figures monthly alongside family time benefits. Before joining any direct-selling scheme, Malaysian consumers should thoroughly research the company and verify its KPDN license status.
Epixel MLM Software has published a complete list of top direct sales food MLM companies for 2026. Before joining any direct-selling company, verify it holds a valid KPDN license and check its regulatory standing in Malaysia.
Malay Mail reports that a man in Kuala Lumpur lost RM90,000 in a car sale scam. The incident illustrates the financial risks consumers face when engaging in unverified transactions. Malaysians should conduct thorough due diligence on sellers and use secure payment methods to protect themselves from fraud.
The Edge Malaysia reports on a new gold investment scam, suggesting that investors continue to fall victim to fraudulent schemes despite repeated warnings. The article underscores persistent vulnerability to deceptive investment opportunities. Malaysians should verify investment products with BNM or relevant regulators and avoid schemes promising unrealistic returns.
Docwire News reported an association between a Herbalife weight loss product and a fatal liver failure case. Consumers should verify product registration with NPRA and check for adverse event reports before using any direct-selling health products.
No store, not MLM: Taiwan supplement brand Jerôsse to expand in Singapore, Malaysia with novel distributor model NutraIngredients.com
AsiaOne reported that jade stone scams on TikTok have resulted in victims losing at least $95,000 in Singapore. Malaysian consumers should exercise caution with high-value product purchases from social media and verify seller legitimacy and product authenticity.
Borneo Post addresses the widespread problem of modern-day scams affecting consumers. The article discusses various fraudulent schemes currently targeting the public. Malaysians should remain cautious of unsolicited offers, verify business legitimacy through official channels, and report suspected fraud to authorities.