KUALA LUMPUR: Fraud by bank employees is getting more serious as losses incurred by banks due to money swindled by staff has increased to RM473.82mil over the last five years.
Bukit Aman Commercial Crimes Department's Head of Unit for Banking and Financial Crimes Supt Harjinder Kaur Gurdial Singh said overall the banks suffered losses amounting to RM789,106,376 for various fraud during the period.
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