Padawan police records fewer non-existent loan scam cases this year
By:News Desk

PADAWAN: The district police headquarters (IPD) here recorded fewer non-existent loan scam cases this year compared to last year.

From Jan 1 to Oct 16 this year, the police recorded a total of 17 cases involving losses amounting to RM600,000, compared to last year’s number of 36 cases involving RM430,000 losses in the same period.

This shows an increase of RM170,000 in losses between this year and last year’s figure.

Padawan OCPD Supt Abang Zainal Abidin Abang Ahmad said the losses suffered by victims, are the profits of cyber criminals through mule accounts.

“Mule account is a contributor to cybercrime cases as the syndicates will never lose the profits as long as the account is under their control.

“Most of the victims of non-existent loan scams are aged between 20 and 55.

“Life struggles due to economic instability and financial constraints, are among the reasons victims fall for and are deceived by non-existent loan advertisements and offers,” he said.

Abang Zainal said the modus operandi is to advertise personal loan offers through Facebook by offering attractive and easy terms, without guarantors, quick approval and no loan limit.

Without questioning, the victims followed the suspects’ instructions by providing personal documents and confidential banking details, including making payments to the mule account, which is supposedly for deposit, collateral money and so on.

He added that the mule account happens due to negligence of the account owner as they have allowed a third party namely a scam syndicate, to use their account number to commit cybercrimes.

“Cheating is classified under Section 420 of the Penal Code, which can be punished with a jail sentence for a term up to 10 years, whipping, and a fine.

“Meanwhile, for mule account crimes, it is classified under Section 37(1) of the Sarawak Minor Offenses Ordinance 1957 and if convicted, it can be punished with a three-month jail term and a fine of RM500,” he said.

New Sarawak Tribune e-Paper

Related Post

Batang Lupar MP dismayed with annual devt funding
11 hours ago
Worry grows over cutback in MP funds
12 hours ago
Sarawak’s Mohammad Hariz selected for ICC U19 Cricket World Cup qualifier
12 hours ago
Sarawak sees significant drop in homeless population
13 hours ago
Two more transit centres ready by November
13 hours ago
MPs hope allocation amount stays
13 hours ago
Soup kitchen holds out hope for urban poor
16 hours ago
Sarawak first in Malaysia to host certified event design training
18 hours ago

Promoted Content

Latest News

Dek Wan wins 100m title in World Para Athletics GP
10 hours ago
Passion for making bows churning good income for Zulkifli
10 hours ago
Tough to fit AFF Cup into Fifa calendar anytime soon: FAM
10 hours ago
Body of newborn found in garbage dumpsite
10 hours ago
Toshiba unveils intelligent power devices that minimise mounting areas
11 hours ago


Subscribe and get the latest news from

New Sarawak Tribune is a Sarawakian news portal that highlights Sarawak-centric news and other stories of relevance to Sarawak.

Today, New Sarawak Tribune focuses on happenings in Sarawak’s cities, towns and small places no matter how remote these are and events of relevance in other states of Malaysia and other countries.