Ten companies flagged in police scam database after 109 fraud reports in a month

TEN companies suspected of involvement in fraudulent activities have been listed in Malaysia’s Semakmule Commercial Crime Investigation Department database after 109 police reports were lodged against them within a single month ending 31 December, police said on Wednesday.

Bukit Aman Commercial Crime Investigation Department director Datuk Rusdi Mohd Isa said the highest number of reports, 19 each, were recorded against CVC Grow Star Sdn Bhd and CVC Group Sdn Bhd.

He said 16 police reports were also lodged respectively against JMC M Trading Venture and JMC Asia Top Solution.

“KGI HK Sdn Bhd also received 16 police reports, Greenvale Trading Sdn Bhd (14), Titan Union Trading Sdn Bhd (14), Brightglobal Sdn Bhd (11), RXM Iglobal Solution (10) and Apek Express Servicess (M) Sdn Bhd (9),” he said in a statement on Wednesday night.

Rusdi warned the public not to be lured by offers of “easy jobs” that involve registering companies or businesses with the Companies Commission of Malaysia and opening bank accounts on behalf of third parties.

“Do not be deceived by offers of ‘easy work’ to register a company or business with the Companies Commission of Malaysia and to open bank accounts for third parties. Scammers use your name as a shield for their illegal activities,” he said.

He said syndicates were believed to favour the use of company or business accounts because such accounts allow hundreds of thousands of ringgit to flow in and out each day without being detected as quickly as personal accounts.

“In addition, victims are more likely to trust transferring money into an account under the name of ‘Company ABC’ compared with an individual’s bank account,” he said.

He added that scammers often remain hidden behind the identities of victims whose companies were legally registered with the Companies Commission.

Rusdi urged the public to check suspicious company names or bank account numbers on the Semakmule CCID portal, where alerts will be issued if a search shows the company is linked to fraudulent activity. - January 6, 2025