KUALA LUMPUR: Total losses from commercial crime this year increased 27 per cent from January to June 16 compared to the same period last year.
Losses incurred have reached RM1.07 billion, said Bukit Aman Commercial Crime Investigation Department (CCID) director Datuk Seri Mohamed Ramli Yoosuf.
He said an average of 88 cases of commercial crime were recorded per day during this period.
"The number of cases this year increased by one percent compared to the same period last year, which recorded a total of 14,798 cases.
"The value of losses also showed a similar trend with an increase of 27 per cent compared to last year, which recorded losses amounting to RM 843 million," he said.
He noted that the increase in these commercial crime cases was appropriately handled through improved charging rates successfully recorded to date.
He said a total of 7,018 investigations resulted in charges in court compared to 6,219 charges recorded for the same period last year.
"Police call for the involvement of every layer of society to always be vigilant and participate in disseminating messages to prevent commercial crimes.
"Let us work together to create a safe environment and prevent the threat of commercial crimes," he said.