Fighting Online Scams: Ministry’s Initiatives to Combat Financial Crimes
Number of Investigation Papers Opened
Deputy law and institutional reform minister M Kula Segaran has revealed that a total of 15,106 investigation papers had been opened under Section 420 of the Penal Code for cheating, based on cases handled by the National Scam Response Centre (NSRC). These investigation papers were recorded between October 14, 2022, and September this year.
Money Laundering Probes
In addition to the cheating cases, 77 probe papers related to money laundering were opened during the same period, leading to the freezing of accounts amounting to RM75.35 million.
Phone Number Blocking
The Malaysian Communications and Multimedia Commission has also taken action against phone numbers used by scammers. Between October 2022 and October this year, the commission terminated 131 phone numbers involved in scams, while 112 numbers were blocked for suspicious activity.
Ministry’s Initiatives
The ministry has taken various initiatives to address the issue of online scams, which has resulted in losses exceeding RM2.6 billion in less than three years. The initiatives include the opening of investigation papers and the freezing of accounts, as well as the blocking of phone numbers used by scammers.
Conclusion
In conclusion, the ministry has taken significant steps to combat online scams, including the opening of investigation papers and the freezing of accounts. The blocking of phone numbers used by scammers is also an important initiative to prevent such scams. The ministry’s efforts aim to protect the public from financial losses and ensure that those responsible for these crimes are held accountable.
FAQs
* What is the number of investigation papers opened under Section 420 of the Penal Code for cheating?
+ 15,106
* How many probe papers related to money laundering were opened during the same period?
+ 77
* How much was the total amount frozen in accounts as a result of money laundering probes?
+ RM75.35 million
* How many phone numbers were terminated by the Malaysian Communications and Multimedia Commission as a result of being involved in scams?
+ 131
* How many phone numbers were blocked for suspicious activity?
+ 112