31-Mar-22 09:30

Kevin Neoh, Licensed Financial Planner, VKA Wealth Planners

Scams have been rising lately in Malaysia with complaints about financial fraud, especially Internet, investment and phone scams being the top five issues raised by the public in Bank Negara's 2021 Annual Report. In fact, according to the Selangor police, a whopping 33.7 million ringgit was lost to online scams and cyber crimes in Selangor in the first two months of 2022 alone. Sim Wie Boon speaks to Kevin Neoh of VKA Wealth Planners on how to spot scams and what to do when you find yourself falling for one. Image credit: Shutterstock.com