Online fraud syndicates target petty traders, SME entrepreneurs

KUALA LUMPUR: Petty traders, including Small and Medium-Sized Enterprises (SMEs), need to be aware of the online fraud perpetrated by syndicates due to various financial assistance offered by the government and banks to those affected by the Covid-19 pandemic. The Association of Development Finance Institutions of Malaysia (Adfim) secretary-general Mohd Prasad Hanif said syndicates are taking advantage to deceive the group. […]