More than 39k account holders to face action for helping online scammers, says cops

KUALA LUMPUR: Police will take action against more than 39,000 bank account holders for allegedly providing mule accounts for online scammers here.

Federal Commercial Crime Investigation Department (CCID) director Comm Datuk Seri Amar Singh said all CCID elements would be deployed to crack down on 39,743 bank accounts identified.

“These mule accounts have increased to an alarming number, compared with 5,411 in 2015.

“The problem here is how easy it is to open an account and how easily people allow these scammers to use their accounts,” he told reporters at a press conference at the Federal CCID headquarters here on Monday (Oct 22).

He said they have advised banks to be more thorough in their process of opening bank accounts.

“Based on our findings, there are at least 4,729 mule accounts involved in three or more cases.

“We have even found some of these accounts linked to 10 cases,” he said.

Comm Amar said at least RM800mil has flowed through these 39,743 mule accounts.

“These account holders can face action under Section 411 and Section 414 of the Penal Code for dishonestly receiving stolen property and assisting in concealment of stolen property,” he said.


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