Two held over illegal money-lending, five ATM cards seized
IPOH: Police arrested two men yesterday for unlicensed money-lending and possession of ATM cards belonging to others during an operation codenamed Op Vulture in Teluk Intan.
Two men have been arrested in connection with unlicensed money-lending and possession of ATM cards belonging to others, during an operation in Teluk Intan. According to the police chief in Hilir Perak, the suspects were apprehended by the district's Commercial Crime Investigation Division.
The first suspect was apprehended at a Maybank ATM in Teluk Intan while attempting a cash withdrawal. He was found in possession of two ATM cards that did not belong to him, along with RM300 in cash. This prompted police to conduct a raid at a money-lending establishment along Jalan Ah Cheong, Teluk Intan, which resulted in the arrest of a second individual.
During the search of the premises, authorities discovered three additional ATM cards and pieces of gold jewellery, all believed to be connected to the case. The total value of the seized items is estimated at RM2,050. Both suspects have been remanded until September 6 to aid in the ongoing investigation. The case is being probed under Sections 420 and 424 of the Penal Code.
The police are urging the public to refrain from sharing their ATM cards or allowing others to use them, even if promised rewards. They are also cautioning against involvement in any suspicious activities related to bank accounts or ATM cards, whether personal or belonging to others. Misuse of accounts and banking facilities for criminal purposes will be met with stringent legal consequences.
Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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