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13 syndicate members cheated banks out of over 10 million ringgit

Jan 12, 2018


The police are charging 13 members of a syndicate that cheated banks out of over 10 million ringgit between 2015 and 2016.

The syndicate scammed 7 financial institutions by pretending to apply for a property loan with falsified documents.

As such, Bukit Aman has advised banks to re-evaluate and tighten their procedures to weed out fake documents.


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