Maria David
OSHANA Regional Commander, Commissioner Naftal Lungameni Sakaria, has urged bank customers to be aware of bank-related scams to avoid falling victim to them.
This follows recent reports of people losing millions from their bank accounts without a trace.
Sakaria said most of this fraud is usually perpetrated both internally and externally by criminals and international syndicates that use sophisticated methods.
According to Sakaria, many people are losing their money to scammers, and it has become a major concern.
“We are worried, and any crime is worrisome. When people are losing their money, it raises questions about whether banking systems are secure,” he said.
He added that they have attempted to bring banks together to better understand the challenges they face.
Moreover, Sakaria stressed that it is high time banks upgrade their security measures to prevent an increase in such cases.
He added that scammers now ask for details from bank cards and ID numbers, after which money is suddenly transferred from accounts without a trace.
Sakaria indicated that it is crucial for everyone to remain vigilant. Thus, they will work hand in hand with banking institutions to ensure that clients withdrawing large amounts of cash are protected.
