Kelantan sees 601 commercial crimes, RM14.1m in losses
KOTA BHARU: Kelantan recorded a total of 601 commercial crime cases were during the first five months of this year, resulting in losses amounting to RM14.1 million, according to state police chief Datuk Mohd Yusoff Mamat.
He said that based on statistics comparing cases and financial losses by the modus operandi of commercial crimes, the cyber and multimedia crime category recorded the highest number of cases at 401 incidents, or 67 per cent of the total and resulting in losses amounting to RM7.47 million.
'Common cybercrimes include online fraud such as phone scams, fake purchases via social media, job scams, and love scams.
'The second highest category involves investment scam cases, the use of electronic cards, and other related crimes, with 105 cases recorded, accounting for 17.4 per cent , and losses totaling RM4.54 million,' he said at a press conference after the monthly assembly for June, held at the Kelantan contingent police headquarters here today.
Meanwhile, crimes related to finance, banking, cooperatives, and insurance recorded 81 cases (13.47 per cent), with total losses amounting to RM966,336.38.
'For cases involving forgery, embezzlement, and land-related offences, only seven cases were recorded (1.16 per cent), with losses amounting to RM85,000. Corporate cases also recorded seven cases (1.16 per cent), but with significantly higher losses of RM1.05 million,' he said.
Mohd Yusoff added that the police are intensifying awareness and prevention efforts through collaboration with relevant agencies and the public to combat the increasingly complex nature of commercial crimes.
'Over the past few months, we have seen an alarming rise in street crimes, including robbery, snatch theft, housebreaking, as well as a growing number of commercial crimes occurring through online platforms.
'Crimes such as online fraud, investment scams, and identity theft now not only result in financial losses but also impact the emotional well-being and sense of security within the community,' he said.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Star
41 minutes ago
- The Star
Ex-investment banker jailed, fined RM1mil for securities fraud
KUALA LUMPUR: The Kuala Lumpur Sessions Court today sentenced a former investment banker to two years' jail and a RM1mil fine, or six months' jail in default, for securities fraud involving RM201,000. In a statement, the Securities Commission (SC) said Ruwan Amaresh Shaun Ponniah, a former associate director at CIMB Investment Bank, was sentenced by Sessions Court judge Norma Ismail after pleading guilty to a charge under Section 179(b) of the Capital Markets and Services Act 2007. The court also took into consideration nine other similar charges under section 171A of the Criminal Procedure Code (CPC). Ruwan had falsely represented to seven investors that he would invest their monies in shares listed on the Malaysian and foreign stock exchanges. The monies were instead utilised for other purposes without the investors' knowledge. Ruwan also pleaded guilty to a charge under Section 58(1) of the CMSA for unlawfully holding himself out as a licensed fund manager. The court sentenced him to two years imprisonment and ordered for the jail term to run concurrently with the first offence. Fund management is a regulated activity under Schedule 2 of the CMSA. The offences took place between October 2018 and June 2020. Ruwan's plea was made in pursuant to his application for a plea bargain under section 172C of the Criminal Procedure Code (CPC). He was first arrested and charged by the SC on Sept 18, 2024. He claimed trial to all the charges and was granted bail at RM210,000 with one surety. On Feb 5, 2025, the High Court reduced Ruwan's bail to RM105,000 following his application. However, he failed to post bail and has been held at Sungai Buloh Prison since. The court ordered his jail term to begin from the date of his arrest. The SC reminds the public to remain vigilant and to confirm the legitimacy of any investment offers by using the Investment Checker, available at on its official website.
The Sun
3 hours ago
- The Sun
Retired teacher loses RM838k to P166 HIFA investment scam in Kedah
ALOR SETAR: A retired teacher in Kedah fell victim to an investment scam, losing RM838,000 after being lured into the fraudulent 'P166 HIFA' scheme promoted via WhatsApp. The 72-year-old victim was promised high returns but instead lost his savings in the elaborate con. Kedah Commercial Crime Investigation Department (JSJK) chief, Superintendent Loi Yew Lik, confirmed the case, stating that the victim was added to a WhatsApp group named 'P166 HIFA' after initial contact with a person identified as Helen. The scammer provided a link to download the 'PHC VIEW' app from Pinnacle Horizon Capital, falsely displaying inflated profits. 'The victim was promised returns five times his investment within days. Believing the scheme, he transferred RM838,000 in eight transactions to four different company accounts,' Loi said. The companies involved were Hanifi Smart Home Sdn Bhd, Seeking Alpha International Sdn Bhd, Kiam Hong Electri Sdn Bhd, and Master Gold Properties Sdn Bhd. The victim later saw a fabricated profit of RM4.09 million on the app but was unable to withdraw the funds. Scammers demanded additional payments, prompting the victim to file a police report. Loi warned the public against similar scams using names like 'Pinnacle Horizon Capital' and 'Moomoo'. Kedah police have opened seven investigation papers related to these fraudulent schemes. 'Verify investments via the Mule Check app, JSJK's Facebook, or contact the National Scam Response Centre (NSRC) at 997 before transferring money,' he advised.
Borneo Post
3 hours ago
- Borneo Post
Man jailed 45 days for having 220 turtle eggs without lawful permission
Fauzi (right) is seen gesturing in the court lobby after the proceedings. KUCHING (June 30): A man was sentenced to 45 days in jail after pleading guilty in the Sessions Court here yesterday to unlawfully possessing 220 turtle eggs two years ago. Fauzi Hassan, 45, was charged under Section 37(1) of the Wild Life Protection Ordinance 1998, punishable under Section 37(2)(a) of the same Ordinance and read together with Section 29(1)(c) of the same law. The Section provides for up to two years in prison and a fine of RM25,000 per individual animal part, upon conviction. He committed the offence at the back of a fast food chain outlet near a commercial centre along Jalan Matang here at around noon on Sept 30, 2023. According to the case facts, a Sarawak Forestry Corporation (SFC) team conducted an inspection in the area and found Fauzi in possession of 220 marine turtle eggs. Fauzi failed to furnish any permission from the Controller of Wildlife to possess the said eggs. Further investigations confirmed that the turtle eggs were of the Chelonidae family, a totally protected animal as specified in Part 1 of the First Schedule in the Wild Life Protection Ordinance 1998. Deputy public prosecutor Muhammad Syafiq Sapri prosecuted the case before Judge Saiful Bahari Adzmi, while lawyer Simon Siah represented the accused. Court jail sentence turtle eggs Wild Life Protection Ordinance
