Latest news with #commercialcrime
Malay Mail
10 hours ago
- Malay Mail
Online scams dominate Kelantan's commercial crime list, over RM14m lost this year
KOTA BARU, June 18 — Kelantan recorded a total of 601 commercial crime cases during the first five months of this year, resulting in losses amounting to RM14.1 million, according to state police chief Datuk Mohd Yusoff Mamat. He said that based on statistics comparing cases and financial losses by the modus operandi of commercial crimes, the cyber and multimedia crime category recorded the highest number of cases at 401 incidents, or 67 per cent of the total, and resulting in losses amounting to RM7.47 million. 'Common cybercrimes include online fraud such as phone scams, fake purchases via social media, job scams, and love scams.' 'The second highest category involves investment scam cases, the use of electronic cards, and other related crimes, with 105 cases recorded, accounting for 17.4 per cent, and losses totalling RM4.54 million,' he said at a press conference after the monthly assembly for June, held at the Kelantan contingent police headquarters here today. Meanwhile, crimes related to finance, banking, cooperatives, and insurance recorded 81 cases (13.47 per cent), with total losses amounting to RM966,336.38. 'For cases involving forgery, embezzlement, and land-related offences, only seven cases were recorded (1.16 per cent), with losses amounting to RM85,000. Corporate cases also recorded seven cases (1.16 per cent), but with significantly higher losses of RM1.05 million,' he said. Mohd Yusoff added that the police are intensifying awareness and prevention efforts through collaboration with relevant agencies and the public to combat the increasingly complex nature of commercial crimes. 'Over the past few months, we have seen an alarming rise in street crimes, including robbery, snatch theft, housebreaking, as well as a growing number of commercial crimes occurring through online platforms.' 'Crimes such as online fraud, investment scams, and identity theft now not only result in financial losses but also impact the emotional well-being and sense of security within the community,' he said. — Bernama
Malay Mail
23-05-2025
- Business
- Malay Mail
Online scams and fraud push Selangor's commercial crime losses over RM300m in just four months, says police chief
KUALA LUMPUR, May 23 — Losses from commercial crimes in Selangor have exceeded RM322 million in the first four months of this year, according to state police chief Datuk Hussein Omar Khan. As of April, a total of 3,711 investigation papers had been opened. Of these, 2,180 cases involved online scams, with losses amounting to RM58 million. The remaining 1,531 cases were non-cyber crimes, resulting in losses of RM264 million. 'In efforts to curb commercial crime, police have made 1,971 arrests, including 1,550 mule account holders,' he reportedly told Sinar Harian today. He said the Selangor Commercial Crime Investigation Department (CCID) had also carried out 11 raids targeting impersonation syndicates, leading to the arrest of 52 individuals. Hussein stressed the Royal Malaysia Police's (PDRM) readiness to deal with increasingly complex modern crimes, including serious, street, white-collar and cyber-related offences. He added that the PDRM remained committed to raising public awareness through preventive measures and outreach initiatives such as exhibitions, talks and media campaigns on commercial crime. To assist the public, Bukit Aman's CCID has also developed the 'Semak Mule' portal, enabling users to verify phone numbers and recipient details before making any payments.
Free Malaysia Today
21-05-2025
- Free Malaysia Today
Terengganu man beaten up, left naked by loan sharks
Terengganu police chief Khairi Khairuddin said all the suspects admitted to conducting illegal moneylending activities around Kuala Terengganu since March. (Bernama pic) PETALING JAYA : A man in Terengganu was beaten up, stripped and left naked in the bushes after attempting to borrow money from loan sharks yesterday. Buletin TV3 reported state police chief Khairi Khairuddin as saying the 24-year-old lodged a police report at the Kuala Terengganu police station yesterday. He said a team from the commercial crime investigation department then arrested five men aged 16 to 39 years in a special operation from yesterday until today. Khairi said the victim told police he had contacted one of the suspects, a syndicate member, via WhatsApp to obtain a loan. 'However, the victim was taken in a car, beaten up, stripped and left naked in the bushes near Bukit Khor, Marang. 'His personal effects, including his mobile phone, wallet and identity card were also stolen from him,' he said. Khairi said all the suspects admitted to conducting illegal moneylending activities around Kuala Terengganu since March. 'We have seized two Proton Saga cars, five mobile phones and recovered the victim's clothes. 'Checks found three of the five suspects have criminal records,' he said. Khairi said all the suspects have been remanded for four days to assist in investigations under Sections 5(2) and 29B of the Moneylenders Act 1951 for unlicensed moneylending.
