Latest news with #JSJK
Malay Mail
3 days ago
- Malay Mail
Cops seize nearly 3,000 ATM cards, arrest five ‘runners' in Subang Jaya loan shark syndicate bust
KUALA LUMPUR, Aug 18 — Police have arrested five men believed to be 'collectors' and 'runners' for an unlicensed moneylending syndicate, or 'along', and seized 2,924 ATM cards. Bukit Aman Commercial Crime Investigation Department (JSJK) director Datuk Rusdi Mohd Isa said that following surveillance in Subang Jaya, police arrested three local men who were acting suspiciously in front of a bank on August 8. He said subsequent checks at the premises where the men lived and worked in Subang Jaya led to the arrest of two more individuals suspected of involvement in the same activities. 'Investigations revealed that the individuals were working as 'collectors' and 'runners,' tasked with withdrawing money from ATM cards for an along (loan shark) syndicate,' he told a press conference today. Rusdi said a search of the premises uncovered ATM cards, RM119,997 in cash, 14 mobile phones, as well as various loan agreement documents and personal details of individuals. He said those arrested were paid monthly wages of between RM2,500 and RM3,500 to withdraw cash using ATM cards, and had been working with the syndicate for periods ranging from six months to two years. 'They received instructions from their supervisors via the Telegram application. Each day, withdrawals ranged between RM5,000 and RM8,000, after which the money was packaged and sent to a designated address through a delivery service company,' he said. According to Rusdi, further inspection of the seized ATM cards revealed that 18 of the account numbers linked to the investment fraud did not exist. He said all suspects, aged between 26 and 36, were released on police bail on Aug 12, and the case is being investigated under Section 424 of the Penal Code and Section 5(2) of the Moneylenders Act 1951. The police are now working to trace the owners of the ATM cards as well as the masterminds behind the unlicensed moneylending syndicate, he added. — Bernama
Barnama
3 days ago
- Barnama
Unlicensed Money Lending Actvities: Five Individuals Detained, Almost 3,000 ATM Cards Seized
KUALA LUMPUR, Aug 18 (Bernama) -- Police have arrested five men believed to be 'collectors' and 'runners' for an unlicensed moneylending syndicate, or 'along', and seized 2,924 ATM cards. Bukit Aman Commercial Crime Investigation Department (JSJK) director Datuk Rusdi Mohd Isa said that following surveillance in Subang Jaya, police arrested three local men who were acting suspiciously in front of a bank on August 8. He said subsequent checks at the premises where the men lived and worked in Subang Jaya led to the arrest of two more individuals suspected of involvement in the same activities. 'Investigations revealed that the individuals were working as 'collectors' and 'runners,' tasked with withdrawing money from ATM cards for an along (loan shark) syndicate,' he told a press conference today. Rusdi said a search of the premises uncovered ATM cards, RM119,997 in cash, 14 mobile phones, as well as various loan agreement documents and personal details of individuals. He said those arrested were paid monthly wages of between RM2,500 and RM3,500 to withdraw cash using ATM cards, and had been working with the syndicate for periods ranging from six months to two years. 'They received instructions from their supervisors via the Telegram application. Each day, withdrawals ranged between RM5,000 and RM8,000, after which the money was packaged and sent to a designated address through a delivery service company,' he said. According to Rusdi, further inspection of the seized ATM cards revealed that 18 of the account numbers linked to the investment fraud did not exist. He said all suspects, aged between 26 and 36, were released on police bail on Aug 12, and the case is being investigated under Section 424 of the Penal Code and Section 5(2) of the Moneylenders Act 1951.
The Sun
08-08-2025
- Business
- The Sun
Police question 37 victims, 3 witnesses over RM8.4 million losses
KUALA LUMPUR: Police have recorded 40 statements, involving 37 victims and three witnesses, in connection with an investment fraud scheme that caused total losses of over RM8.4 million. Bukit Aman Commercial Crime Investigation Department (JSJK) director Datuk Rusdi Mohd Isa said the case was first exposed by Malaysian International Humanitarian Organisation (MHO) secretary-general Datuk Hishamuddin Hashim, through 43 police reports filed since 2023. He said the fraudulent investment scheme was allegedly operated by a company claiming to have access to billions of ringgit worth of gold and cash funds overseas. However, investigations revealed that the company was not registered with the Companies Commission of Malaysia (SSM). 'The investors were promised high returns once the funds (gold) were successfully liquidated after sufficient capital was gathered to cover management and activation costs,' he told a press conference at Menara KPJ here today. Rusdi added that the victims were also misled by an individual, with a 'Datuk Seri' title, who was the main mastermind behind the scheme. This individual claimed to be managing the inheritance of assets belonging to a foreign national. He further added that the victims were influenced by forged documents, complete with fake logos, stamps, and signatures, allegedly issued by Bank Negara Malaysia (BNM). 'To date, no investors have received any funds or returns as promised. Instead, they were given various excuses, including technical problems overseas and expired documents,' he said. Rusdi confirmed that 15 investigation papers have been opened under Section 420 of the Penal Code, although no arrests have been made thus far. - Bernamapix
Barnama
08-08-2025
- Business
- Barnama
Investment Fraud: Police Question 37 Victims, 3 Witnesses Over RM8.4 Million Losses
KUALA LUMPUR, Aug 8 (Bernama) -- Police have recorded 40 statements, involving 37 victims and three witnesses, in connection with an investment fraud scheme that caused total losses of over RM8.4 million. Bukit Aman Commercial Crime Investigation Department (JSJK) director Datuk Rusdi Mohd Isa said the case was first exposed by Malaysian International Humanitarian Organisation (MHO) secretary-general Datuk Hishamuddin Hashim, through 43 police reports filed since 2023. He said the fraudulent investment scheme was allegedly operated by a company claiming to have access to billions of ringgit worth of gold and cash funds overseas. However, investigations revealed that the company was not registered with the Companies Commission of Malaysia (SSM). "The investors were promised high returns once the funds (gold) were successfully liquidated after sufficient capital was gathered to cover management and activation costs," he told a press conference at Menara KPJ here today. Rusdi added that the victims were also misled by an individual, with a 'Datuk Seri' title, who was the main mastermind behind the scheme. This individual claimed to be managing the inheritance of assets belonging to a foreign national. He further added that the victims were influenced by forged documents, complete with fake logos, stamps, and signatures, allegedly issued by Bank Negara Malaysia (BNM). "To date, no investors have received any funds or returns as promised. Instead, they were given various excuses, including technical problems overseas and expired documents," he said. Rusdi confirmed that 15 investigation papers have been opened under Section 420 of the Penal Code, although no arrests have been made thus far.
The Sun
05-07-2025
- Business
- The Sun
Bintulu executive loses RM600k in fake currency investment scam
BINTULU: A company executive in his 60s was cheated out of RM600,000 after falling for a fake online currency investment scheme. The scam, advertised on a fraudulent website, lured the victim with promises of high returns before disappearing with his money. Sarawak Police Commissioner Datuk Mancha Ata revealed that the victim first encountered the scam in early March 2025. The fraudulent website, directed him to download a fake investment app via The scammer posed as a J.P. Morgan representative, convincing the victim to transfer over RM600,000 to several bank accounts. The victim only realised he had been deceived when the scammer demanded additional payments to release supposed profits. By the time he filed a police report, only RM441 had been recovered. Police urged the public to exercise caution with online investment offers. Authorities recommend verifying company backgrounds and using tools like Whoscall and Check Scammers CCID. The public can also check suspicious bank accounts and phone numbers via For updates on scam tactics, follow the Royal Malaysia Police Commercial Crime Investigation Department (JSJK) and @CyberCrimeAlertRMP on Facebook, Instagram, and TikTok. - Bernama
