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New: Police Arrest Five Men, Seize Nearly 3,000 ATM Cards in Loan Shark Crackdown

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atm cards, Malaysians detained, prominent banks
Malaysians detained

KUALA LUMPUR, Aug 19 — Police have arrested five men believed to be ‘collectors’ and ‘runners’ for an illegal moneylending syndicate, seizing 2,924 ATM cards and nearly RM120,000 in cash. Bukit Aman Commercial Crime Investigation Department director Datuk Rusdi Mohd Isa said the suspects, aged 26 to 36, were detained after surveillance in Subang Jaya on August 8. Investigations showed they withdrew daily sums of RM5,000 to RM8,000 for the syndicate under instructions via Telegram. The men, paid RM2,500 to RM3,500 monthly, have been released on police bail. The case is being probed under the Penal Code and Moneylenders Act.

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