KUALA LUMPUR, Feb. 7 -- Malaysia has recorded losses exceeding RM260 million to commercial crimes in the first 33 days of 2025, according to the police.
According to the New Straits Times, Bukit Aman's Commercial Crime Investigation Department (CCID) reported 5,153 cases as of February 2, marking a 26 per cent rise from the 4,088 cases recorded in the same period last year.
Despite the surge in cases, total losses fell by 7 per cent compared to the RM279.8 million lost in early 2024.
Federal CCID director Datuk Seri Ramli Mohamed Yoosuf said the financial impact translates to an average daily loss of RM7.88 million.
"Online scams remain the biggest contributor, making up 87.9 per cent of cases and accounting for RM195.3 million, or 75 p...