573 Fraud Cases Lead to Losses of Over RM50 Million in Kuala Terengganu

KUALA TERENGGANU: Authorities in Kuala Terengganu have reported a total of 573 fraud cases this year, resulting in financial losses exceeding RM50 million. Despite the significant figure, this marks a slight decrease of 1.2 percent compared to the previous year, which saw 580 cases with losses surpassing RM100 million.

According to BERNAMA News Agency, district police chief ACP Azli Mohd Noor highlighted that online shopping and e-commerce scams accounted for the highest number of fraud cases, totaling 120 incidents. This was followed closely by phone scams, with 113 cases reported, and non-existent investment schemes, which accounted for 94 cases.

“Other prevalent types of fraud include non-existent loans, with 63 cases, love or parcel scams with 14 cases, and unlicensed moneylending, which recorded six cases,” Azli said. He also noted that there were 67 cases involving other commercial crimes and an additional 96 cases categorized under various other fraud types.

Azli urged the public to remain vigilant against the myriad tactics employed by fraudsters, particularly those operating on social media platforms. The police chief emphasized the importance of public awareness in preventing further losses and advised individuals to exercise caution in their online interactions.