BANK MUAMALAT TO GIVE FINANCIAL FRAUD EXPOSURE VIA ‘ANTI SCAM CAMPAIGN TOUR’

Bank Muamalat Malaysia Berhad (Bank Muamalat) has taken the initiative to forge cooperation with the Royal Malaysia Police (PDRM) in the effort to eradicate and prevent crimes on financial frauds through its 'Anti Scam Campaign Tour '.

Bank Muamalat chief information security officer Dr Ismamuradi Abdul Kadir said the tour which will start in Kedah is aimed at creating awareness among the people on the importance of protecting themselves from frauds and help combat financial scams.

"We want to create public awareness on scam cases as many people have been affected...while the bank has greatly improved its security features for its customers.

"They need to know what kind of modus operandi is being carried out because these criminals will use various ways to steal money through scams," he told reporters before flagging of the tour convoy participants at Kedah police contingent headquarters (IPK) here today.

Ismamuradi said the tour, which was held in collaboration with the Kedah IPK Commercial CID, was accompanied by 50 lightweight motorcycles that would stop at five locations, namely Kuala Muda, Kulim, Baling, Kota Setar and Kubang Pasu.

"We will hold a 'Sembang Santai Programme' at the five locations where Bank Muamalat as a financial institution will share its expertise in the field of financial services and fraud prevention.

"PDRM will also share information in law enforcement and investigations...collaboration between these two parties will surely build a community that is more sensitive and ready to take care of their financial security," he said.

Meanwhile, Kedah police chief Datuk Fisol Salleh in a media statement said that fraud cases in Kedah are increasing and they involved the 'phone scam' modus operandi.

Fisol said a total of 125 investigation papers were opened from January to May which involved a loss of almost RM5.2 million compared to the same period in 2022 with 100 investigation papers opened involving a loss total of RM2.2 million.

"As cases have increased by 25 per cent, there should more effective and efficient measures to make people aware and expose the latest modus operandi used by the fraud syndicates," he said.

Source: BERNAMA News Agency