How To Lose RM1 Million Over A Phone Scam

1 min read

The rise of scam calls in  Malaysia is considered to be an all time high. Netizens are concerned that they might be the next victim. However, many are upset at the local banks for not making much of an effort in order to rectify the situation, especially when it involves more than RM1 Million.  

Business Owner loses RM1 million 

Netizens are citing that the banks actually know where the money is deposited to. They should be able to find a quick and easy solution for their customers. Furthermore, netizens are saying that banks need to punish these scammers in order to curb these issues. 

Another Twitter user stated that they had multiple suspicious transactions happening to their United Overseas Bank account. Within two weeks, the bank refunded the transactions without any police reports made. 

Some are also saying that bank transfers that are more than RM25,000 would normally need forms to be filled. Another user stated that they had the same problem with a local bank, they were informed not to tell the police and nothing has been done for a year. 

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