KUALA LUMPUR: Fourty-four individuals together with the leaders and members of two ah long syndicates had been arrested following raids in four states.
Bukit Aman Commercial Crime Investigation Department (CCID) director Comm Datuk Mohd Kamarudin Md (*44*) mentioned these arrested throughout the raids on Tuesday (March 8) had been 43 males and a girl aged 16 to 54.
“We additionally seized a number of objects together with 17 automobiles, 107 cellphones, 55 ATM playing cards, 27 cheques, 17 laptops, three printers, varied banners and a machete.
“A complete of 13 investigation papers have been opened on the involvement of the syndicates in unlawful cash lending actions,” he mentioned in an announcement on Thursday (March 10).
The syndicates have been working since early final yr, Comm Mohd Kamarudin mentioned.
“They focused these concerned in companies in addition to private and non-private sectors’ staff.
“They marketed their companies by way of social media in addition to banners and posters,” he added.
The syndicates charged between 10% and 30% of pursuits per week, he mentioned.
“Failure to repay the loans can be met with threats and intimidation resembling damaging the victims’ properties.
“The syndicates are being investigated for a number of offences together with cash laundering and prison intimidation,” he mentioned.
Comm Mohd Kamarudin suggested the general public not be fooled by commercials on loans supplied by the syndicates.
“Only belief loans from reliable corporations or monetary establishments.
“Check on the licenses of mortgage firm by way of the Housing and Local Government Ministry at www.kpkt.gov.my,” he mentioned.
Be conscious of the newest scams and ways utilized by the syndicates by watching the CCID’s official Facebook web page, he added.
He additionally urged these with info on any business crime associated actions to contact CCID Scam Response Centre at 03-2610 1559/03-2610 1599 or whatsapp CCID infoline at 013-211 1222 or any nearest police station.
