Malaysia lost RM2.77 billion to commercial crimes in 2024, despite a drop in case numbers.

In 2024, Malaysia saw an average daily loss of RM7.9 million due to commercial crimes, totaling RM2.77 billion across 30,724 cases from January to December 15. Despite a 3% drop in case numbers compared to 2023, the losses rose by 44%. There was a notable increase in unlicensed moneylender cases, leading to 4,737 arrests. Authorities stress public awareness to reduce reliance on illegal lenders.

4 months ago
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