Different types of scams | Daily Express Online

Macau scam

IN Macau Scam you receive a call from someone posing as an employee of a legitimate agency like the bank or law enforcement agency.

They force you to transfer money to a bank account in response to threats of arrest for “involvement” in crime, drugs, or tax evasion.

Some may also try to persuade you to believe that your identity is being used to commit a crime.

These elements of intimidation can create anxiety, especially in someone who has no experience of calling government officials.

Fraudsters will use this fear as an opportunity to offer help to the victims. Victims can accept the offer out of shock and fear; to the point where they are even willing to give their banking details to the scammer.

In October 2019, Sabah Police carried out one of their largest Macau fraud busts, in which 80 Chinese were arrested during raids on separate entertainment stores in Penampang.

The syndicate is also suspected of being involved in stock and investment fraud.

Gang members were arrested after an elderly man filed a report that made a total of RM 1.4 million in transactions in 12 different accounts after receiving a call from a “police investigator” accusing him of money laundering .

Fearful, the victim deposited a huge amount of money in all accounts before realizing he had been betrayed.

Ecommerce or online purchase fraud

Ecommerce fraud refers to fraud that occurs on an online shopping platform. Fraudsters often trick their victims into paying for online purchases that are not delivered to them.

During the movement control order, crime related to e-commerce or online purchase has increased.

Scammers can seduce online buyers with apparently good deals on the latest gadgets, limited-edition merchandise, or concert tickets.

Love fraud

There are three categories of love cheating, namely love cheating that targets the lonely, love cheating that targets those with infidelity, and love cheating that takes advantage of those blinded by so-called love.

In scams that target the lonely, scammers feign romantic intentions to trick victims into sending money on false pretenses.


Some offer jewelry or even money for marriage purposes, but the package ends up being “confiscated” by customs.

“You will build a ‘loving relationship’ with many promises ‘one day we will get married’.

“The wrong customs officer will contact the victim and ask that they pay the price to release the package. The victim ends up losing both their money and the “package”.

Another type of love scam is aimed at those with infidelity traits. The “partners” involved in a cyber affair may never meet in person, but the “emotional” connection and “sensual” nature of the affair can lead the victim to accept the investments offered by their online lover.

The internet lover promises quick profits that the careless victim would accept, resulting in the victim losing not only their money but also their “lover”.

The third love scam targets those who are willing to offer helpful services to their “online lovers”.

In this scenario, the online lover asks for help to make hospital payments or insurance. The victim is ready to help because love is blind.

In 2019, an elderly Sandakan woman was cheated out of RM 50,000 by someone she met on Instagram.

She sent funds to the suspect’s account with the intention of helping, only to find out she had been defrauded after she was unable to contact the man.

Business Email Compromise Fraud

A business email compromise is a type of scam targeted at businesses that make money transfers. Scammers pose as the company’s chief executive officer or other executive and email the finance staff. Usually a scammer sends a fake invoice or requests payment information.

Businesses can be fooled by these scammers if they conduct a transaction without verifying it with the real company first.

Investment fraud


An investment scam is one that misleads victims into believing that profits come from legitimate business activities.

Many are attracted to high-utility investments on the Internet.

Feeling like they want to get rich quick can lead people to believe in online investments that turn out to be nonexistent.

Online loan or non-existent loan fraud

These online “loans” can cost up to RM5,000 but only take two hours to get approved. But instead of only having to repay the 5,000 RM, the victims end up having to repay 50,000 RM.

Police have warned the public to beware of job scams where criminals get high returns from making online purchases on certain platforms.

In one scenario, victims were offered an eight percent profit on each transaction.

As a result, if they spend 100 RM they will make an additional eight percent profit.

The scammers will pay you the winnings when you pay RM500.

The naive victim would begin to believe in the pitch and purchase items for RM5,000, RM6,000 or RM7,000. And at that point, your money will go away.

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