KUALA LUMPUR: In a successful operation, Bukit Aman has managed to block the transfer of RM28.3mil in funds involved in a business email compromise (BEC) scam. The Commercial Crime Investigation Department (CCID) of Bukit Aman received a report about the BEC scam on July 6, according to Comm Datuk Seri Ramli Mohamed Yoosuf. He further revealed that the victim’s company, based in Malaysia, had been engaged in purchasing Liquified Petroleum Gas (LPG) from an overseas company since the beginning of this year.
In June, the victim’s company fell for a fraudulent instruction from the supposed supplier’s company, which instructed them to transfer funds to a new account. Without suspicion, the victim’s company transferred a significant sum. It was only when the actual supplier notified them of non-payment that the victim’s company realized they had been deceived, as explained in a statement by Comm Ramli on Monday (July 10).
The CCID, with the assistance of Bank Negara, successfully tracked down the transaction of RM28.3mil to an overseas account and blocked it. Comm Ramli underlined that an investigation is ongoing under Section 420 of the Penal Code for cheating.
Furthermore, Comm Ramli issued a reminder to the public, particularly businessmen who frequently use email for daily communication, to exercise caution. He advised them to verify the authenticity of the sender before taking action on any received emails, particularly when it involves financial transactions. In case of sudden requests to transfer funds to a new account, he strongly recommended contacting the company directly through phone calls to ensure the validity of the instruction.
Credit: The Star : News Feed
