Teo: Over RM300mil lost to online scams on FB, Instagram since 2021

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KULAI: More than RM300mil in losses have been reported since 2021 due to online scams through Facebook and Instagram, says Teo Nie Ching.

The Deputy Communications and Digital Minister said that in the first six months of this year, losses amounting to RM60mil have been reported linking Facebook and RM25mil for Instagram.

"For Instagram, the losses recorded from the illegal activity was RM20mil in 2021, RM25mil last year and RM25mil in the first half of this year. She said this to the press when met after presenting a cheque to Kulai Ultimate MMA Fitness and Self-Defence here on Sunday .

 

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