Author

  • Nor Aishah Mohd Ali

    • Faculty of Accountancy, Universiti Teknologi MARA Melaka, Malaysia
    • Money Laundering Research Group, Malaysia
    • Malaysia

  • Rozaiha Ab Majid

    • Faculty of Accountancy, Universiti Teknologi MARA Melaka, Malaysia
    • Money Laundering Research Group, Malaysia
    • Malaysia

  • Siti Aisyah Basri

    • Faculty of Accountancy, Universiti Teknologi MARA Melaka, Malaysia
    • Money Laundering Research Group, Malaysia
    • Malaysia

  • Norhanizah Johari

    • Faculty of Economics, Accountancy and Management, Universiti Islam Selangor, Malaysia
    • Malaysia

  • Mohd Waliuddin Mohd Razali

    • Faculty of Economics & Business, Universiti Malaysia Sarawak (Unimas), Malaysia
    • Malaysia

  • Bayu Tri Cahya

    • Faculty of Economics and Islamic Business, Institut Agama Islam Negeri Kudus, Central Java, Indonesia
    • Indonesia

Abstract

The increasing prevalence of elder financial scams, particularly those perpetrated through online platforms, has become a significant concern for both the elderly population and society as a whole. This study examines the nature and scope of elder financial scams as reported in online newspapers, emphasising their financial consequences for victims. Using content analysis to explore the cases reported in online media from 2020 to 2024, this research aims to shed light on the patterns of fraud targeting older adults, the media's role in raising awareness, and the broader implications for social policy. Findings revealed 119 reports of financial scam cases across 36 online media outlets involving the elderly in Malaysia. Most financial scams involve phishing, followed by investment and love scams. Furthermore, financial repercussions for elderly victims are severe, sparking an urgent need for enhanced public awareness and regulatory frameworks to protect vulnerable individuals.

Keywords

References

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How to Cite

Mohd Ali, N. A., Ab Majid, R., Basri, S. A., Johari, N., Mohd Razali, M. W., & Cahya, B. T. (2025). Examining the Rising Trend of Elderly Financial Scams in Online News: A Content Analysis of Media Reporting in Malaysia. Information Management and Business Review, 17(2(I)S), 97-106. https://doi.org/10.22610/imbr.v17i2(I)S.4605

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Copyright (c) 2025 Nor Aishah Mohd Ali, Rozaiha Ab Majid, Siti Aisyah Basri, Norhanizah Johari, Mohd Waliuddin Mohd Razali, Bayu Tri Cahya (Author)

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Research Paper

Published in

Vol. 17 No. 2(I)S (2025) AI in Audit, Workplace Safety & Digital Consumer Society View issue contents

Published

2025-08-10

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