IPOH: Two individuals in Teluk Intan have been arrested on suspicion of misusing other people's Automated Teller Machine (ATM) cards for illegal moneylending activities.
Hilir Perak OCPD Asst Comm Chua Kok Lian said both men were arrested during an Op Vulture sting on Friday (Sept 4).
He said police arrested the first suspect, who was withdrawing money at a bank in the town centre.
"The individual was found with two pieces of ATM cards that belonged to others and RM300.
"Police were then brought to a money-lending premises at Jalan Ah Cheong, which led to the second arrest.
"We found three more ATM cards, as well as three pieces of gold jewellery that are believed to be related to their illegal activities," he said in a statement on Saturday (Sept 5).
He added that the total value of the items seized was about RM2,000.
ACP Chua said the two individuals are being remanded until Sept 6 to facilitate investigations under Sections 420 and 424 of the Penal Code.
"Police are now working to identify both suspects' involvement, the bank accounts involved and other parties that may be involved," he said.
He also said that the public are urged not to hand over, lend or allow their bank accounts and ATM cards to be used by a third party, even if they are being offered payment, commission or any form of reward.
"Account owners need to keep their ATM cards, PIN numbers, passwords and other personal banking information safe.
"The people are also reminded not to be involved in any shady activities involving their own or another person's bank accounts and ATM cards," he said.
He stressed that misuse of banking accounts or facilities for criminal activities can cause the individual to be hauled to court.
He added that any information on these activities can be channelled to the police.
