Penang records RM50m losses in commercial crimes

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Penang records RM50m losses in commercial crimes
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BUKIT MERTAJAM, March 20 — The Penang Commercial Crime Investigation Department (CCID) opened 941 investigation papers into various commercial crime offences, involving losses...

BUKIT MERTAJAM, March 20 — The Penang Commercial Crime Investigation Department opened 941 investigation papers into various commercial crime offences, involving losses of RM50 million, from January 1 until yesterday, with a total of 398 people arrested.

“There were 831 cases of online fraud involving a total loss of RM24 million, phone scams or Macau scams being the highest recorded, with 183 cases and a loss of RM12 million, followed by 83 cases of investment fraud involving a loss of RM5 million, while other online fraud cases saw a loss of RM7 million.

Earlier in the ceremony, three members of the public were presented with letters of appreciation by the Penang police chief, for assisting the police to solve several criminal cases including cable theft.

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