Massive money transferring scam from accounts without notice: MP reveals

26 April 2024 12:28 pm Views - {{hitsCtrl.values.hits}} 13 Bookmark

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Parliament, April 26 (Daily Mirror)- A massive scam is being operated where money is transferred from current and savings accounts to other multiple accounts without any notice to the account holder, an Opposition MP revealed in Parliament.

MP Gamini Waleboda told Parliament that people have complained that money from their current and savings accounts have been transferred to multiple other accounts within a day without the account holder getting any notification of the transfers.

He said people who had done online transactions had fallen victims to this scam.

The MP said Rs. 1.1 million from an account of a Buddhist monk from Balangoda had been transferred in this manner and it was found that a group of people who had been trained under an institute engaged in providing online transaction training were behind the scam.

He urged the House to report the matter to the Central Bank and look into it soon, claiming that money had been transferred from some 1000 accounts so far.

Comments - 13

nadarajah Friday, 26 April 2024 01:09 PM

if a person does not understand the precautions to be taken when having internet banking ,better not to have this facility

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Navalanka Friday, 26 April 2024 06:22 PM

Nada - You said it right. There are enough provisions provided by the bank to protect your accounts and a/c holders should make use of them. One notation on their file to say that the customer should be notified when changes are made in their accounts, would suffice and bank is responsible for any unauthorized transactions Pensioners living abroad should be careful to use all the precautions as communications between the bank and the customer will be difficult in the event a similar incident happens due to time difference and hefty telephone charges.

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Neo Friday, 26 April 2024 02:40 PM

People need to be educated that online banking is risky inherently and avoid signing up for online banking if they don't understand any of this.

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Tissa Fernando Friday, 26 April 2024 04:19 PM

This requires collusion with Bank employees. They will change the password and the OTP delivery phone and transfer the money and then revert back to the original password and the OTP delivery phone.

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Inside Job by Bank employees Saturday, 27 April 2024 01:09 AM

Rightly said, Its bank insider job and thats their modus operandi. and they target customers who are less educated and who seldom checks bank sms alerts .

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Chicoo Friday, 26 April 2024 06:07 PM

Prey tell me, how can a lay monk have 11 million in his account? Over to you IRD

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Bank employee Friday, 26 April 2024 07:53 PM

It’s all inside jobs. The rot is from the top.

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DISGUSTING, INVESTIGATE AND PUT THOSE RESPONSIBLE BEHIND BARS AND CONFISCATE FROM THEM THE MONIES THEY STOLE AND HAND OVER TO THE RIGHTFUL OWNERS OF THOSE FUNDS Friday, 26 April 2024 08:13 PM

WHAT MORE CAN YOU EXPECT SOME POLITICIANS AND OUR PUBLIC SERVICE INDIVIDUALS HAVE BEEN CORRUPT FOR DECADES, SO NOT A SURPRISE OTHERS HAVE TAKEN UP TO DOING SO USING ANOTHER METHOD OF CORRUPTION TO EXTRACT MONIES FROM THEIR FELLOW CITIZENS.

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Devinda Saturday, 27 April 2024 04:58 PM

So blame the politicians again for anything and everything. Typical NPP attitude. I suppose the communist method of brainwashing. Tell it repeatedly long enough and the people will know no other truth.

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Mohamed Burhan Friday, 26 April 2024 09:41 PM

Mr.Minister what you are saying if I am having money in a fix deposit the fully respected and trustworthy banks so far is transferring my money to other Accounts without my knowledge.No issue if my paper agreement stands as a fix deposit and I am getting my Interest.Bank will do and possibly can do any internal transactions by changing my accounts for banks financial benefits after all they are committed to give my Interest without fail!!! correct me if i am wrong.Unless some outside person is trying to change my Account.

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Concerned Saturday, 27 April 2024 04:34 AM

Why would a monk have 1.1 m in his bank account?? Maybe he's also involved in the racket!

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Terrence K Saturday, 27 April 2024 07:34 AM

@Mohamed Burhan - No one can tamper with the operations of a customer A/c there is a contractual relationship between the Bank and customer with the initial mandate signed by the customer and Bank. Also it must be borne in mind for a customer not to divulge his password to others sometimes this take place when family members are privy to the password and fraudulent transactions could take place due to the negligence of the customer. A real concern is that customers who have been issued a SIM for the OTP issues the same sim number to another customer due to lack of funds on phone Also it is observed that when a debit card is issued to the customer for convenience he/she gives the card and password to a relative for withdrawal of money from ATM which is not part of the contract with the customer and when fraudulent withdrawals take place the customers blame the bank. However the CCTV cameras installed at ATM's gives the correct picture of the fraudulent withdrawals if any!!!!!!!!

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Winipala Muhandiram Sunday, 28 April 2024 03:47 PM

This is the only country can do anything with illegal money! Current unelected, refused man has a case against illegal stolen of Central Bank money? No case? Man go promoted! WONDERFUL country in the world!!

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