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According to Amar, the losses from the 116 police reports, received between October 2016 to February this year, involve million.
"However, we estimate that there are 70,000 victims, making the total losses amounting to RM1 billion," he added.
New Straits Times reported that authorities have frozen 38 bank accounts belonging to 17 people . The accounts contained RM624,000 in total.
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