10 suspects arrested for running loan scam


  • Nation
  • Tuesday, 25 Feb 2020

BALIK PULAU: A police report lodged by a 44-year-old housewife led to the arrest of 10 individuals believed to be behind a non-existent loan scheme and online purchasing scam.

Southwest district OCPD Supt A. Anbalagan said the victim lodged the report in December last year after she claimed to have been cheated by the syndicate through a Facebook advertisement regarding a bank loan application.

“She claimed that she made a deal through a phone conversation with a man regarding a RM70,000 loan application and she was instructed by the man to make a payment as processing fee and insurance coverage before her loan could be approved.

“The victim then made two transactions to two different bank accounts totalling RM5,889.69 on Dec 4 last year, ” he said during a press conference at the Southwest district police headquarters yesterday.

Supt Anbalagan said that when the woman realised she had been cheated, she lodged a police report on Dec 12,2019.

Following the report, the district police Commercial Crime Investigations Department conducted an operation codenamed Ops Mule Account.

In the 5pm operation on Feb 20, Supt Anbalagan said that a series of raids resulted in the arrest of 10 suspects, including a former bank officer and a 21-year-old woman who admitted to selling her ATM card to the syndicate.

He added that a 44-year-old suspect had bought the ATM card from the first suspect and then handed it over to the 45-year-old former bank officer who then enabled the online banking functions of the account linked to the card.

“The former bank officer has six years of experience working in two banks. He sold such cards to a contractor for RM800 each, ” he added.

Police seized 32 ATM cards of various banks, 13 handphones and a laptop.

“Investigations also found that the syndicate has been offering to buy ATM cards from people who are willing to sell their cards.

“The syndicate then used the cards and bank accounts in their scams, ” he said, adding that police were tracking 80 bank account owners to help in the investigation.

The suspects, aged between 21 and 45, were remanded for four days from last Friday.

Meanwhile in Kepala Batas, a 76-year-old lost RM255,000 after being duped by a Macau scam syndicate which accused the housewife of being involved in money laundering activities.

Seberang Prai Utara OCPD Asst Comm Noorzainy Mohd Noor said the victim received a telephone call from a woman claiming to be a police officer from Kuala Lumpur and informed her that she was involved in the criminal activities.

“The victim denied the allegation and the call was passed to another police officer claiming to be from Bukit Aman and she was informed that she would be arrested and she needed to transfer a sum of money for investigation purposes, ” he said.

Fearing arrest, the victim conducted 11 transactions totalling RM255,000 to nine different accounts from Feb 13 to 21.

The victim later realised she had been cheated and lodged a police report on Sunday.

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