Fraud 1
On 5 May 2013, shipping assistant of Riverstone Holdings Limited's subsidiary Sinetimed Consumables Sdn Bhd issue a quotation to customer in Thailand to request payment.
On 13 May 2013, Fraudsters used same name as above shipping assistant and a similar email address send an email to above customer. stating that Monetary Authority of Singapore (MAS) is in the process of auditing company bank account. Thus, unable to process any fund transfer. The email requested customer to remit money to new bank account.
Email address of staff of company is shipping@sinetimed.com. email address of fraudsters is shipping@simetimed.com . Only one alphabete different. The email requested payment to Alliance Bank under a bank account of AL Solution. Transaction amount amounted to USD91,400. However,customr in Thailand have remitted money to original bank account. Thus, unable to remitted to new bank account again.
Fraudsters reply the email by alleged the other party making a mistake. And requeted customer to remitted money again to new bank account with hostle and unpolite tone to avoid delay in delivery.
customer feel very angry, express intention to cancell all order and send an email to another manager to complaint such unpleasant incident. This make the case expose as fraud.
Company search on CCM discover that AL Solution sre a company base in Penang and company registration have expires on 9 March 2012. The company registered under two Chinese partner name.
Fraud 2
Head of customer services of Riverstone Holdings Limited's subsidiary Riverstone Resources Sdn Bhd has issued a Delivery Order to customer in US on 16 October 2013.
A fake email send under name of head of customer services has been received by customer in US on 15 October 2013 (US time) to inform change of bank account. attached with letter with company letterhead, stamp and signature. Requested customer to pay to CIMB Bank to bank account of MTD Mega Global Resources.
As customer already received announcement of company warning of possible fraud in May 2013. Customer in US become alert when received such fake email.
The customer discover that email address received different from normal email address of the staff and suspected fraud. the customer in US counter check and confirmed the fraud.
Email address of staff is hkong@riverstone.com.my whereas email address used by fraudster is hkong@riverstone.me.uk.
According to website of CCM, MTD Mega Global Resources is a company base in Kajang, Malaysia
Other Rubber Glove company
According to President of Malaysian Rubber Glove Manufacturers Association (MARGMA) Mr Lim Kwee Shyan. Another member company of the association also being targeted and customer of the member company has been con amounted to several million in USD, the money has been remitted to bank in Indonesia. The member company did not make any loss as it is ngligent of it customer. a circular has been issued to all member of the Association in April 2013 to warn them of possible fraud.
However, after a police report has been made. Police informed them that they unable to investigate as the company never incurr any loss. President of MARGMA feel that despite no loss incurred. It is a matter of reputation of Malaysia and it central Bank. Bank Negara should try to investigate and get information from it Indonesian counterpart. Mr Lim also disappointed that the authority also unable to investigate in Riverstone case, even it involve local bank. How can a bank let a person with fake document to open a bank account? He feel poloce should investigation even it is no loss involve.
套取户头资料 动辄诈骗百万 “网络大鳄”入侵企业界
http://www.nanyang.com/node/576042?tid=460（八打灵再也2日讯）网络诈骗手法层出不穷，如今更进一步，犯罪者的目标不再是个人，而是公司，涉及款项少则动辄数以万元计，高者甚至超过百万。
林魁贤：2手套公司被骗 银行应揪“大鳄”户头持有人