[PRINT] Malaysia second highest in region for scam losses
By SHYAFIQ DZULKIFLI PETALING JAYA: Malaysian scam victims lost an average of US$1,035 per person last year, the second highest in South East Asia after Singapore, according to a new study by the Global Anti-Scam Alliance (Gasa). Its State of Scams in South East Asia 2025 report found that Singaporeans recorded the biggest losses, averaging US$2,132 per victim in 2024, followed by Malaysia and Thailand at US$354. Across the region, an estimated US$23.6bil was stolen by scammers, or an average of US$660 lost per adult. “Over one-fifth or 22% of South East Asian adults have had money stolen by scammers in 2024,” Gasa managing director Jorij Abraham said in the report. Malaysia ranked highest in the region in terms of scam prevalence, with 32% of its adults losing money to scams, followed by the Philippines (31%) and Singapore (21%). The study also revealed that Malaysians were most often tricked into transferring funds directly, with 55% ...