Fake CORs costing Customs dearly

Difficult to differentiate: The forged receipts look almost identical to the genuine ones. The syndicates issue a receipt for a much larger amount but remit less money to Customs, pocketing the difference.

EXCLUSIVE: PETALING JAYA: Several syndicates are forging the Customs Official Receipt (COR) and siphoning out hundreds of millions of ringgit in revenue that is due to the department.

The syndicates, fronted by forwarding agents, are so good that the fake receipts are almost identical to the genuine ones.