Majority of investment scams in Malaysia rise linked to social media, say cops

KUALA LUMPUR: This year, the majority of the 4,355 investment scam cases in Malaysia have been linked to schemes advertised on social media sites and chat applications, says Comm Datuk Seri Ramli Mohamed Yoosuf.

The director of the Bukit Aman Commercial Crime Investigation Department (CCID) reported that 82%, or 3,574 cases, began with advertisements on social media and chat applications.