Online shopping fraud causes RM14.6 million for the last 9 months

Datuk Syed Ismail Syed Azizan, the Bukit Aman Commercial Crime Investigation Department director said the police received 3,889 complaints on cyber crime and online shopping fraud between January and September this year which caused losses of RM14.6 million and RM80.2 million respectively during this period, The Star reported. Most of the online shopping fraud that reported usually involved auction transactions.

On other hand, the police have received 49 complaints on a syndicate used names of local companies for phishing purposes and estimated caused losses of RM1.86 million to foreign companies from Australia, Greece, Libya and China. Police arrested a group of Africans for further investigation on such cases.

by Terry Brown

Author: VSDaily Editor

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