KUALA LUMPUR: Almost RM2bil has been lost to commercial crime so far this year, says Comm Datuk Seri Ramli Mohamed Yoosuf.
The Bukit Aman Commercial Crime Investigation Department (CCID) director said a total of 23,447 cases were recorded between Jan 1 and Oct 13 involving RM1.97bil in losses.
"The number of cases saw a 10% reduction compared to the same period last year, in which there were 26,033 cases.
"However, the losses suffered spiked by 23% from the RM1.61bil recorded last year," he said when contacted on Friday (Oct 18).
A total of 11,047 investigation papers (IP) were successfully prosecuted, representing 47% of the total probes initiated this year, he said.
"It is an increase of about 5% from last year, where 42% of IPs were prosecuted," he added.
Comm Ramli hoped that awareness could be increased through cooperation between the police and society.
"The involvement of every segment of society is vital to ensure prevention messages and commercial crime information is spread.
"The ultimate goal is to ensure a safe environment free of commercial crime threats," he said.