A new law giving the police the authority to control the bank accounts of scam victims is expected to significantly reduce incidents of repeated fraud in Malaysia, according to Comm Datuk Seri Ramli Mohamed Yoosuf, who leads the Commercial Crime Investigation Department (CCID). The law is seen as crucial as many victims are often unaware they are being targeted by scammers.
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While welcoming such a law, which has been proposed in Singapore, the Bukit Aman Commercial Crime Investigation Department director said such a law is necessary as some victims are oblivious to the fact that they are being targeted by scammers.“Such laws will give the police punitive powers to seize accounts of victims to prevent them from being scammed,” he said when contacted yesterday.
On Nov 11, Singapore introduced the Protection from Scams Bill which is believed to be the first of its kind in the world.If passed, the police will be allowed to issue restriction orders to banks, which will then limit bank transactions from an individual’s account. At the moment, Malaysian police can only bar transactions and seize money from bank accounts suspected to be mule accounts under recent amendments to the Penal Code and the Criminal Procedure Code.“The banks are monitoring their clients’ transactions so if they spot anything suspicious, they should alert the police,” he said.
Police Power Scam Victims Bank Accounts CCID Comm Datuk Seri Ramli Mohamed Yoosuf
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