Indonesia is the country with the highest number of financial scam reports in the world, said Friderica Widyasari Dewi, Chief Executive for Financial Services Business Conduct, Education, and Consumer Protection at the Financial Services Authority (OJK).

Citing data from the Indonesia Anti-Scam Centre (IASC), Friderica said that between November 22, 2024, and October 24, 2025, a total of 311,597 scam reports were recorded in Indonesia − an average of 874 cases per day.

“If we look at this, the number of scam reports in Indonesia is huge − 311,597 from November 2024 to October 2025. From January to October 2025 alone, there have been around 200,000 reports. The number of bank accounts we’ve blocked has reached 510,357,” Friderica − commonly known as Kiki − said during the Fekdi x IFSE event in Jakarta on Friday, October 31, 2025.

The total financial losses from scam cases in Indonesia have reached Rp7.3 trillion (US$438 million), while Rp381.3 billion in funds have been successfully frozen or recovered. However, Kiki noted that the actual figures are likely higher, as many victims do not report their cases to OJK.

“This is already a very alarming situation. We all need to work together and unite to combat scams and fraud,” she said.

Despite having the highest number of reports, Indonesia’s total losses remain lower than those in several other countries.

In Asia:

● Singapore recorded 51,501 scam cases in 2024 with losses of Rp13.97 trillion, or about 140 reports per day;

● Malaysia reported 253,553 cases from October 12, 2022, to September 3, 2025, with Rp2.6 trillion in losses and Rp325 billion successfully frozen − an average of 242 reports per day;

● Hong Kong logged 65,240 cases from 2024 to June 2025, with total losses reaching Rp27.01 trillion, of which Rp4.84 trillion was recovered. The city averaged 115 reports per day.

In North America:

● Canada reported 138,197 cases from January 1, 2024, to September 30, 2025, with losses of Rp15.21 trillion, averaging 217 reports per day;

● The United States, by contrast, recorded only 4,324 reports with Rp515.93 billion in losses − an average of nine reports per day.

Even small nations like the Maldives are not spared from digital scams, logging 3,639 cases between 2024 and 2025, with Rp43.5 billion in losses, Rp5.9 billion of which were recovered. On average, the island nation received seven scam reports per day.