KUALA LUMPUR: Foreign students should exercise caution when dealing with online money changers to avoid falling victim to scams, says Datuk Seri Michael Chong. We are concerned that the fraudster may have cheated many others,” Chong told reporters at Wisma MCA yesterday. “The scammer had cheated seve­ral others, including at least two other Chinese students with RM5,000 and RM1,000 in losses, respectively. “We urge foreign students and members of the public to use only licensed money changers and avoid unofficial channels promo­ted on social media,” he said. Chong also highlighted a growing trend of foreign students, especially from China, falling victim to scams.

Source: The Star March 18, 2026 07:55 UTC