Approximately 70 percent of funds lost to scams last week recovered
The Anti-Scam Centre has successfully recovered 70 percent of the more than MVR 320,000 lost across 42 scam cases reported between March 29 and April 4. According to the center's statistics, the majority of these reports involved 30 cases related to online trading fraud. Authorities emphasized that promptly reporting suspicious activity to the police significantly increases the chances of recovering stolen funds.
The Anti-Scam Center has successfully recovered a significant portion of the funds lost by the public to various scams over the past week. | Police | police
Statistics from the Anti-Scam Center reveal that a significant portion of the funds defrauded from the public in scam cases over the past week has been successfully recovered.
According to statistics released by the Anti-Scam Centre for the period of March 29 to April 4, 2026, a total of 42 scam cases were reported. The total financial loss across these incidents amounted to MVR 322,270.00. However, the Centre stated that through its efforts and coordinated measures with relevant authorities, MVR 227,828.00—approximately 70 percent of the lost funds—has been successfully recovered.
The Anti-Scam Center stated that this represents a significant breakthrough in the efforts to recover funds lost to fraudulent activities.
The center highlighted that scams involving the online purchase and sale of goods accounted for the majority of cases reported last week. According to statistics, a total of 30 such cases were filed. These incidents include transactions involving the fraudulent sale of goods and the sharing of deceptive information.
Authorities have received reports of four cases involving foreign currency exchange scams, along with four instances of identity fraud used to obtain money illegally. Additionally, four cases involving various other types of scams have been filed. These reports include incidents involving sophisticated, emerging tactics used by scammers to defraud the public.
The center stated that no cases of phishing, vishing, or employment-related scams were reported during this period. According to the Anti-Scam Center, this positive shift reflects an increase in public awareness regarding such fraudulent activities.
The center has urged the public to report any suspicious activity to the police without delay, whether identified during or after a financial transaction. The center further noted that prompt reporting is crucial in preventing others from falling victim to such scams and significantly increases the chances of recovering lost funds.
