RM1.3bil losses in 32,000 online fraud cases since Jan 1

RM1.3bil losses in 32,000 online fraud cases since Jan 1

The number increased by 37.5% during the first 11 months of this year compared to 23,608 cases in the same period last year.

Bukit Aman CCID director Ramli Yoosuf said non-existent investment cases recorded the biggest loss at RM421 million. (Bernama pic)
KUALA LUMPUR:
A total of 32,462 cases of online fraud with losses amounting to RM1.3 billion were recorded from January to November this year.

Bukit Aman commercial crime investigation department director Ramli Yoosuf said e-commerce crime cases were the highest at 10,993, followed by telecommunications crime (9,526); non-existent investments (5,036); non-existent loans (4,018); e-financial crime (2,006) and love scams (883).

He said the number of cases increased by 37.5% from January to November this year compared to 23,608 cases in the same period last year.

“The non-existent investment cases recorded the biggest loss at RM421 million, followed by e-commerce crime (RM382 million); telecommunications crime (RM327.9 million); e-financial crime (RM103.6 million); love scams (RM40.9 million) and non-existent loans (RM38.5 million).

“The amount of losses increased by 33% from January to November this year compared to RM771.1 million in the same period last year,” he told a press conference after launching the Scam Free Malaysia Carnival at Pavilion Bukit Jalil here today.

The carnival is a collaboration between Whoscall Malaysia and Bukit Aman to combat commercial crime in the country.

Whoscall is a mobile app developed by Gogolook that offers caller identification services.

Ramli said the number of calls answered showed a 50% drop from 66,810 to 34,996 since their collaboration started in January.

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