Online fraud cases on the increase say cops, nearly RM600mil losses recorded


KUALA LUMPUR: Online fraud involving e-finance crimes, love scams, e-commerce, telecommunications, loans, and non-existent investments rose between 1.6% and 19.8% in the first quarter of this year compared to the last quarter of last year.

Bukit Aman Commercial Crime Investigation Department acting director Datuk Rohaimi Md Isa reported losses amounting to RM573.7mil from 12,110 cases recorded between January and March this year.

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