The Competitors and Shopper Safety Fee (CCPC) has warned most people to be weary of fraudsters purporting to be financial institution representatives and defrauding unsuspecting residents.
In a press release, CCPC public relations officer Rainford Mutabi said that the unscrupulous people have been soliciting for private banking particulars so as to hack into methods and steal cash.
“The Competitors and Shopper Safety Fee (CCPC) want to warn most people to be cautious of suspected false on-line banking brokers masquerading as staff for varied banking establishments within the nation to steal from unsuspecting customers within the wake of COVID-19. This comes after the Fee obtained complaints from most people who allege to have been victimized by unscrupulous people claiming to be financial institution brokers soliciting for private banking particulars from unsuspecting customers so as to hack into their system and steal cash. CCPC Director Shopper Safety Brian Lingela has issued the warning observing that with the usage of on-line and cellular banking companies in view of the COVID 19 outbreak that has necessitated the usage of on-line and cellular banking companies, customers of such companies have been now prone to being attacked by fraudsters posing as on-line business financial institution brokers to extort cash,” learn the assertion.
“We’ve got seen that since most customers now use on-line and cellular banking companies as an alternative choice to bodily banking following COVID 19, fraudsters are shifting swiftly to attempt to extort cash by phoning unsuspecting customers asking them to alter their private particulars just like the Private Identification Quantity (PIN) so as to for example migrate them to a financial institution’s new system when actually not.”
He additional urged customers to be cautious when coping with banking brokers and ensure they don’t expose their private banking particulars.
“He has urged Customers to take precautionary measures by verifying the authenticity of such suspected on-line and cellular banking brokers with respective business banks and be sure that they don’t disclose their private banking info similar to names, account, PIN numbers in addition to Nationwide Registration Card (N.R.C) particulars to suspicious people to keep away from being swindled. The Fee will work with the Zambia Data and Communication Applied sciences Authority (ZICTA) and Zambia Police to make sure that perpetrators of such fraudulent conduct are recognized and punished. Such fraudulent conduct is prohibited below Part 308 of the Penal Code Chapter 87 of the Legal guidelines of Zambia and offenders are liable to imprisonment for three years,” said Mutabi.
