MCMC to help track illegal Net investment organisers

BUTTERWORTH: The Malaysian Communications and Multimedia Commission (MCMC) will provide the expertise to help the police and Bank Negara track down organisers of illegal Internet investment schemes.

Commission chairman Datuk Dr Halim Shafie said it would identify the culprits behind the schemes regardless of whether they were operating locally or abroad.

We can identify the source but the problem is that we have not received any reports regarding such schemes from the relevant authorities, he said at the launch of the northern region National Spectrum Control and Monitoring Centre (Nasmoc) here yesterday.

Dr Halim was commenting on the commissions roles and responsibilities in eradicating illegal Internet investment schemes which were likened to get-rich quick schemes.

He said the commission was capable of identifying the server and could trace the organisers even if they were operating overseas.

We, however, cannot act against the organiser of such schemes because the matter is under the jurisdiction of Bank Negara and the police, he said.

He said the commission was willing to share its expertise in such cases and those who had been duped by Internet schemes could also lodge reports with the MCMC.

Dr Halim said there were 22 Nasmoc stations nationwide.

Nasmoc is used to trace illegal transmissions and manage and control the radio spectrum.

source:http://www.thestar.com.my/news/story.asp?file=/2007/4/28/nation/17580242&sec=nation