Over a quarter of Thais targeted by scams over past year

TUESDAY, OCTOBER 08, 2024

A recent report from Gogolook, the developer of Whoscall, in collaboration with the Global Anti-Scam Alliance (GASA) and ScamAdviser, reveals shocking statistics about scams in Thailand, with over 28% of respondents losing money to fraudsters in the past year.

The survey of 9,360 Thais from various demographics indicates that 58% of participants experienced an increase in scamming attempts compared to 2023, with 89% encountering scams at least once a month.

“Despite ongoing prevention efforts, Thailand remains one of the most fertile areas for scammers,” said Manwoo Joo, CEO of Gogolook Thailand, highlighting an average loss of approximately 36,000 baht per victim.

The report, released on Monday, underscores an alarming trend in exposure to scams, with nearly 39% indicating they were scammed within minutes of first contact. Only 2% of victims reported being able to fully recover their lost funds, with a staggering 71% left with no ability to reclaim their money at all.

“The emotional ramifications of scams are just as significant,” noted Joo, “with 73% of respondents expressing a profound psychological impact due to their experiences.”

The methods employed by scammers have also evolved, with phone calls and text messages remaining the primary means of contact, but digital advertising and social media platforms like Facebook (55%) and Line (43%) are increasingly being exploited as well.

Over a quarter of Thais targeted by scams over past year

Furthermore, the report identifies a concerning rise in identity theft, which now accounts for 22% of scams, overtaking traditional shopping scams at 19%. Thais have reported increasing incidents where scammers impersonate official figures, such as police officers, to solicit money under false pretences.

The emergence of AI-generated deceit has been particularly troubling, with 66% of participants acknowledging receiving AI-crafted messages attempting to lure them into scams.

Despite increased awareness and prevention efforts, Thais are increasingly falling victim to scams. While 55% of respondents feel confident in their ability to recognise scams, the frequency of encounters has risen significantly. Phone calls, text messages, and social media remain the primary channels used by scammers.

Over a quarter of Thais targeted by scams over past year

Jorji Abraham, managing director of GASA, emphasised the urgency for enhanced preventive strategies, saying: “The significant economic impact of scams, coupled with the emotional toll on victims, underscores the necessity for coordinated efforts to protect Thai citizens and restore confidence in digital platforms.”

In response to these challenges, Gogolook promises to empower citizens with advanced tools through its Whoscall application and will collaborate with GASA at the upcoming second Global Anti-Scam Summit in Asia, aimed at developing effective strategies to combat these growing threats.