Senior citizens lose half a billion ringgit to online fraud over 3 years

Senior citizens lose half a billion ringgit to online fraud over 3 years

Bukit Aman CCID director Ramli Yoosuf urges family members, friends and neighbours to spread information on commercial crime to the elderly.

DATUK SERI RAMLI MOHAMED YOOSUF
Bukit Aman CCID director Ramli Yoosuf said elderly citizens easily fell victim to telecommunication fraud, which includes phone scams, online impersonation, SMS fraud and prize scams.
KUALA LUMPUR:
Senior citizens lost RM552.5 million to online scams between 2021 and 2023, says Bukit Aman commercial crime investigation department (CCID) director Ramli Yoosuf.

He said this involved 5,533 victims, or 6.4% of the 86,266 online scam victims recorded during the period, with overall losses amounting to RM2.7 billion.

Although the number of elderly victims was lower compared to other age groups, the losses they incurred were significantly higher.

“This trend has continued this year. Of the 11,918 online scam cases recorded up to May 19, a total of 990 victims, or 8.3%, were senior citizens.

“The losses recorded have already reached RM130.4 million, which is 27.7% of the total losses of RM471.5 million,” he said at a press conference at Menara KPJ here today.

Ramli said the study also found that out of the 5,533 elderly victims recorded between 2021 and 2023, 47.6%, or 2,631 individuals, fell for telecommunication fraud, which included phone scams, online impersonation, SMS fraud and prize scams.

Of the 990 senior citizens who became victims of online fraud up to May 19 this year, 39.4%, or 390 cases, involved telecommunication crimes.

Police records showed that from 2021 to 2023, the total losses involving telecommunication fraud among elderly victims amounted to RM253.9 million, out of the total telecommunication fraud losses of over RM873 million.

For the period from Jan 1 to May 19,  losses incurred by elderly victims from telecommunication fraud reached RM36 million, out of total losses of over RM146 million during the period.

Among the five categories of online crimes, he said, telecommunication fraud was more likely to occur to victims who were not internet-savvy.

“That is why many elderly people fall victim to telecommunication fraud compared to other types of online crimes,” he said.

Ramli said telecommunication fraud could be prevented if victims were more aware and vigilant about such crimes.

He called for information about commercial crime, especially the modus operandi of online scams, to be communicated to senior citizens, particularly by family members, friends, neighbours and others.

“Every individual in society needs to play a role in spreading awareness about commercial crime so that we can form a safe community and avoid becoming victims of scammers,” he said.

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