Selangor police succeeded in resolving 66 fraud cases masterminded by fly-by-night syndicates with the arrest of three syndicate members involving seizures amounting to RM55,000 in the Klang Valley on April 29.
Bukit Aman Commercial Crime Investigation Department Director, Syed Ismail Syed Azizan, said based on public information, police detained three local men at Taman Perindustrian Subang, Subang Jaya, Selangor, who were wanted by the police for cheating cases.
Following interrogation, all the suspects, aged between 30 and 58, took police to a place at Winner Heights, Desa Petaling, Kuala Lumpur and several items including 200 rounds of pipes, hand phones, two laptop computers and three company stamps worth a total of RM55,000 were seized.
He said police also found several documents such as cheque books, price quotations, invoices and bank-in slips at the place. “Losses incurred by the syndicate victims between June 2009 and April 2011 amounted to RM1.66 million throughout the country,” he told reporters at the Selangor Police Headquarters.
He said that the group’s modus operandi was to open a premises using forged registration and to place orders for electrical goods, liquors, furniture and handphones from their victims.
“After the goods arrived they would pay using post-dated cheques and then disappear leaving the gullible suppliers with a bounced cheque,” he said.
Syed Ismail said that 124 such cases were reported throughout the country last year, involving RM7.824 million in losses.