Please be aware on the illegal financial activities by scammers impersonating authorities from Bukit Aman and Bank Negara officers to deceive victims into disclosing their personal banking details. These scams are a serious crime with Malaysians losing tens of millions yearly resulting in more than RM60mil in losses since 2012. There are at least 2,000 victims to date in which in some of these cases the victims lose their whole life savings.
The scammers would call their victims and introducing themselves as an official representative from Bukit Aman PDRM (Polis DiRaja Malaysia) or Bank Negara Malaysia. In most cases, the Voice over Internet Protocol (VOIP) which is a system for making voice calls over the Internet is used to mimic their caller IDs.
Intended victims would receive emails or calls purportedly from Bukit Aman or Bank Negara Malaysia warning them that they are now required to transfer their money to a new and safe account. Once the money has been transferred into the scammers’ account, the money will disappear as it is withdrawn by the scammer using fake identities.
Among the financial details they would usually ask for, are credit card and debit card details which include card code verification (CCV) and other personal identification numbers (PIN).
Scare tactics are used by the syndicates to con their victims. Besides mentioning that the victim’s account is not in a “safe” condition, they would also tell their victims that they have won a huge amount of cash but they are required to pay some initial fees first before claiming their prize.
It is very important to be careful and be reminded to never fall for such scams and to avoid giving personal banking information to these scammers. Financial institutions, banks, including credit card issuers and Bank Negara Malaysia will never request for personal financial information when contacting their customers, be it via telephone calls, SMS or emails.
Phishing scams are also another form of scam that is massively used by these syndicate. The scammers trick the victims into clicking on the links they provide on the email and send them to a spoof site which looks exactly like Bank Negara Malaysia’s official website. They will ask the victims to give their account details on the website. They will then steal the victims’ banking details such as their bank account number and passwords. Malicious software is also being used to take over the victim’s computer.
These financial scams target generally every bank account holder regardless of their background, age or income levels. One of the main effective ways to get rid of this financial fraud is through prevention. You should check with the bank officers by contacting the bank directly before making any decisions with your account.
You can report a scam or file a consumer complaint with Malaysian Communications And Multimedia Commision at 03-86888000 or you can visit their website at http://www.skmm.gov.my/
Read More : http://www.MyFinance.com.my/articles/detail/7301241406
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