53-year-old loses RM500,000 in quick-returns online scam

How to spot a get-rich-quick scam on social media

Be wary of promises of easy money with low risk, high returns and minimal effort.

60-year-old woman scammed by sweet-talking young livestreamer, loses nearly RM 10,000

A 60-year-old woman from Malaysia was scammed of nearly RM 10,000 (around SGD 2,900) after falling for a sweet-talking 20-year-old livestreamer, reported Shin Min Daily News. It all started when Madam Chow commented on a young male livestreamer’s video, praising his singing on a short video platform. The livestreamer then slid into her DMs, and the two continued chatting on another messaging app. With words like “I love you,” he slowly won her h…

53-year-old loses RM500,000 in quick-returns online scam

Police say he started 'investing' through a mobile app, making 22 payments before the app suddenly stopped working.