KUALA LUMPUR: The number of commercial crime cases in November increased by 9.3 per cent compared to the same period last year, with losses estimated around RM1.4 billion. Federal Commercial Crime Investigation chief, Datuk Amar Singh said the most worrying trend revolved around the Macau Scam as well as ‘money game’ investment fraud cases. He said that as of November, 2,215 Macau Scam cases were reported, compared to 610 cases last year. “As for money game investment scams, more than a million Malaysians lost more than RM5 billion to date this year alone,” he said. Amar said although there were only 1,412 reports on money game fraud this year, it involved losses totaling more than RM5 bilion.

Source: New Strait Times December 19, 2017 08:37 UTC