RM3bil lost to commercial crime in 2024, says Bukit Aman


KUALA LUMPUR: There were 41,701 commercial crime cases last year involving over RM3bil in losses, says Bukit Aman's Commercial Crime Investigation Department (CCID).

Its director Comm Datuk Seri Ramli Mohamed Yoosuf said cheating cases made up a large part of the total, with over RM2bil in losses from 37,240 reports.

Online scams accounted for RM1.574mil in total losses, he told a press conference at CCID headquarters here on Friday (Jan 10).

There were 7,662 cases of e-commerce fraud, he added.

"In total, we took 16,813 cases or 40.3% of the total to court, with the rest still under investigation," he added.

Comm Ramli said the prosecution rate was satisfactory, considering the complex nature of commercial crime.

"If it is a straightforward case an investigating officer might be able to (bring) a charge in about a month or so.

"But we have cases that go on for three years because of new evidence," he said.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Anti-graft rally fails to meet Peaceful Assembly Act requirements, says cops
MACC freezes over RM116mil in assets in 2024, says Azam Baki
PM Anwar: No need to put Najib through 'hell' but must give back stolen funds
Najib clarifies termination of Abdul Gani Patail's service
Najib used Jho low to receive 1MDB funds, says prosecution
Liew orders full probe on ‘inhumane act’ in brutal elephant killing
KK Mart in UM vandalised with red paint: Student organisation calls for thorough investigation
Former GM to face charges for alleged corruption involving paddy fertiliser
No criminal element found in probe involving BAM senior official, says Azam Baki
Implementation of on-call shift system for doctors depends on MAAC decision, says Health Minister

Others Also Read