By Song Jingwoo 
Title: Amaran Scam – Soal. Sekat. Sebar.
Last updated: September 2025
Purpose: To educate the public on current financial scams and how to avoid becoming a victim.
Bank Negara Malaysia and enforcement agencies have issued a strong public warning against a surge in financial fraud. This eBook outlines the latest scam tactics, how to spot them, and how to protect yourself.
- Promise unrealistic returns (“guaranteed profits”).
- Use religious manipulation, urgency, and fake endorsements.
- Often misuse logos of legitimate authorities.
✅ Check Before You Invest:
- All forex trading must go through licensed financial institutions.
- Scam platforms offer fake training, “free webinars,” and unrealistic profits (e.g., 100% in 5 days).
- Victims are lured to deposit into personal accounts.
- Scammers offer cash in return for “renting” your bank account.
- Used for illegal fund transfers.
- Victims may face jail (up to 7 years) and fines (up to RM100,000).
- Victims are tricked into downloading .apk files pretending to be job offers, wedding invites, etc.
- Once installed, the app steals your data and gives scammers full control over your phone.
- Promises of high pay with no interviews.
- Victims must pay deposits or share personal banking info.
- Often leads to identity theft or “mule” account usage.
- Fake loan agents demand upfront fees like “tax,” “insurance,” or “processing fees.”
- Use fake approval letters and promise “instant approval.”
✅ Only deal with licensed lenders:
- Individuals posing as “agents” offer to “clean your CCRIS report” or settle debt instantly.
- They may use influencers or fake endorsements to gain trust.
- Victims often end up deeper in debt or fall into investment scams.
Do’s:
- Always verify before investing or applying for loans.
- Update banking passwords regularly.
- Use antivirus software and download apps only from official stores.
- Only deal with licensed institutions.
Don’ts:
- Never rent out your bank account.
- Don’t deposit money upfront before verification.
- Avoid clicking suspicious links or installing unauthorized apps.
- Don’t share personal banking details via phone or messaging apps.
- Soal (Question): Be skeptical of too-good-to-be-true offers.
- Sekat (Block): Stop any further actions if something feels wrong.
- Sebar (Share): Spread awareness to protect others and report suspicious activity.
Immediately contact:
- Your bank’s 24/7 hotline
- National Scam Response Centre (NSRC) at 997 (8 AM – 8 PM daily)
Also file a police report to support investigation.
Download Amaran Scam from Bank Negara Malaysia Document HERE