Online scam syndicates paying RM500 each for mule accounts, says National Anti-Financial Crime chief

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Online scam syndicates paying RM500 each for mule accounts, says National Anti-Financial Crime chief
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PUTRAJAYA, April 23 — Crimes involving online scams have been on the rise of late, with losses reportedly running into millions of ringgit. Records show that more than 25,000...

PUTRAJAYA, April 23 — Crimes involving online scams have been on the rise of late, with losses reportedly running into millions of ringgit.

“A victim’s money that has been defrauded will be put into a mule account and then transferred to several other mule accounts before finally being withdrawn in a short period of time, making it difficult to track,” he told Bernama recently. The latest tactic of scammers is to give a link disguised as a bank website or ask the victim to download an application to secure a certain service.

“The losses suffered not only have a negative impact on the national economy but can also spark social problems in general,” he said.

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