KUALA LUMPUR: Police have uncovered an operation which specialised in recruiting bank account mules for online scam syndicates here.
Federal Commercial Crime Investigation Department (CCID) director Comm Datuk Zainuddin Yaacob said between Nov 5 and Nov 10, raids were conducted around Kuala Lumpur and Selangor. Seven men and three women were arrested.
"The suspects aged between 20 and 32 were believed to be involved in a bank account mule supply syndicate.
“Our investigations revealed the suspects would target individuals who earned small salaries and recruited them via social media," he told reporters on Monday (Nov 23).
He said the suspects would offer account holders a one-off payment of between RM500 and RM800 in order to give them access to the accounts and ATM cards.
"The group would then offer the accounts to other scam syndicates for between RM2,000 and RM3,500.
"We believe each syndicate member made between RM5,000 and RM10,000 monthly from their activities," he said, adding that a total of 32 reports have been lodged involving RM1.15mil in losses.
Comm Zainuddin said they seized four airsoft guns, a knife, 79 ATM cards, 24 mobile phones, four laptops, three identity cards, two notebooks and three stamps.
"Never allow or give anyone access to your bank account for any reason, never reveal any private banking information such as TAC, PIN or account numbers to any third party.
"Bank account holders are responsible for their accounts and cannot allow any third party to use it for any criminal activities.
"You may not just be supplying your account to scam syndicates, it may be also used for funding terrorism, drug activities or money laundering activities," he said.
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