Ring! Ring! Hello? Without your knowing it, you have picked up a scammer’s phone call.
An impostor or scammer is a person or organisation that acts in dishonest and fraudulent ways with the purpose of tricking, manipulating, or stealing from people. In order to fool their victims into giving them money, personal information, or access to their financial accounts, scammers frequently employ a variety of strategies.
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The Malaysian Communications and Multimedia Commission (MCMC) claims that the con artists are smart because they are quick to adopt new technologies and skilled at psychologically influencing their victims. Another tactic is to send random emails or messages pretending to be from “legitimate organisations, asking the victim to provide critical information.
The recommendation from MCMC in this case is to either hang up the phone or ignore the message.
Instead, get in touch with the specified organisation through its official line to confirm the caller’s identity and the displayed phone number. A person’s personal information, bank account information, passwords, and a Transaction Authorization Code (TAC) are also requested during a scam call in order to effectuate money transfers.
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Do not assume that a single call leads to nothing. An impostor can fool someone with a few words. An impostor or scammer should be avoided. Be careful that we don’t later fall for a lie.
An Impostors Come in a Variety of Forms:
Phishing Scams: To steal people’s personal and financial information, con artists send phoney emails, messages, or websites that seem to come from banks or other organisations.
Advance fee fraud is when con artists promise victims a sizable sum of money or a priceless object in return for a payment up front. The promised rewards never materialise after the amount is paid.
Scammers who promise huge returns on false investments will engage in investment fraud. Victims put money into an opportunity, only to discover later that it was a scam.
Tech Support Scams: Scammers pretend to be tech support representatives from respected businesses and inform their victims that their computers are having issues. The victim is then persuaded to grant remote access or pay for unneeded services.
Scammers pretend as lovers on dating services or on social media to lure victims into romantic connections. Once they have your trust, they will ask for money for a variety of things, like unexpected medical costs or vacation expenses.
Lottery or Prize Scams: Scammers trick victims into believing they have won a lottery or prize, but in order to collect their rewards, they must pay fees or taxes. There are no winnings.
Impersonation Scams: Scammers pretend as authorities from the government, law enforcement, or utility companies to persuade victims into handing over money or disclosing personal information.
Scammers are a Source of Stress and Worry for a Number of Reasons:
Financial Loss: Both individuals and businesses can suffer substantial financial losses as a result of scams. Scammers may cause victims to lose their funds, investments, or other possessions, causing them stress and financial trouble.
An impostor or scammer frequently involve fraud and manipulation, which can have a significant emotional impact on their victims. They might feel betrayed, embarrassed, furious, and ashamed.
Scams weaken faith in trustworthy organisations and companies. Scam victims could become less trusting and more sceptical, which might make them less likely to engage in honest business dealings or ask for assistance when they need it.
Scammers frequently gather personal data, which can result in stolen identities or other types of privacy invasion. Long-term effects, such as dangers to one’s financial situation and personal safety, may emerge from this.
Vulnerable Populations: Scammers regularly prey on vulnerable groups, including the elderly, immigrants, and others who are less proficient in technology. These people might be more open to con games, leaving them more open to abuse.
Legal Implications: Most nations forbid participating in scam activities. Legal repercussions for scammers are possible if they are detected, although catching and pursuing scammers can be difficult, and not all scammers are sent behind bars.
In Ipoh, Perak, a 62-year-old woman who was duped out of RM1.4 million three years ago by a syndicate posing as courier company employees and police officers is the latest victim of a phone hoax. On March 27, 2020, the complainant received a call from an unidentified person posing as a member of courier service personnel and informing her that there was an issue with the box she was expecting.
Like many other countries, Malaysia is aware of the problem of con artists and has taken a number of steps to address and combat scams within its borders. The Malaysian government, law enforcement organisations, and related authorities actively participate in campaigns to increase public awareness of scams, identify and bring to justice those who commit them, and protect citizens from fraudulent operations.
A Few Actions to Deal with Concerns about Scammers
Public Education and Awareness:
Inform the public about frequent frauds, suspicious activity, and warning signs.
Public service announcements, workshops, and instructional resources can be used to raise awareness.
Encourage people to check the facts and exercise caution when interacting with new people or offerings.
Platforms for Effective Reporting:
Create and promote hotlines and internet channels for people to report scams. Make sure that victims can access and use reporting procedures.
Information Sharing and Collaboration:
Encourage cooperation between governmental institutions, law enforcement, trade associations, and non-governmental organisations to exchange knowledge and intelligence on fraud. Increase international collaboration to fight cross-border fraud.
Strategies for Cybersecurity
Strengthen cybersecurity measures to defend people and organisations against online fraud and cyberattacks.
Encourage the use of two-factor authentication, strong passwords, and other security measures.
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You can read full information:
- https://www.malaymail.com/amp/news/malaysia/2023/09/13/senior-citizen-latest-victim-in-perak-phone-scam-loses-rm14m/90626
- https://www.thestar.com.my/news/nation/2023/08/09/rm12bil-in-projected-losses-to-scams-this-year-says-home-minister#:~:text=SHAH%20ALAM%3A%20The%20trend%20of,during%20a%20Cabinet%20meeting%20recently.
- https://blog.bigdomain.my/
