Malaysian woman loses US$293,000 after hiring ‘anti-scam’ firm to recoup US$366

Malaysians who have fallen victim to scams are being warned about a new form of fraud involving self-styled “anti-scam” law firms that promise unusually high recovery rates but ultimately exploit victims again, according to the Malaysian Chinese Association’s (MCA) Public Services and Complaints Department head Michael Chong. He said his office has received complaints involving online ad­­vertisements by entities claiming to be law firms, which said that they had success rates of more than 90...