Online fraudsters prompt Thailand’s DES Minister to call for halt on unauthorised bank transactions

[webfact]

 

Thailand’s Minister of Digital Economy and Society (DES) strongly urged banks to halt unauthorised transactions following a request by their customers. This suggests an effort to mitigate the financial damages inflicted by online fraudsters on unsuspecting victims.

 

The directive comes in light of the recent enactment of the Royal Decree on Cyber Crime Prevention and Suppression, which came into effect on March 17. The new regulation grants banking institutions the authority to suspend accounts that are suspected to be conduits of online fraudsters. Importantly, this action can be taken without requiring an official order by law enforcement agencies or the affected clients.

 

Hence, DES Minister Chaiwut Thanakamanusorn highlighted the need for banks to devise mechanisms that aid clients who seemingly have been the victims of scamming.

His admonition arrived following the unsettling account narrated by noted TV news anchor Paweenamai Baikhloi, who spoke about losing over 1 million baht to online fraudsters who posed as officials from the Department of Land. Confirming these details, Paweenamai submitted her complaint to the Phasi Charoen Police on August 9.

 

by Mitch Connor

TOP: Chaiwut Thanakamanusorn, Ministry of Digital Economy and Society.

 

Full story: https://thethaiger.com/hot-news/crime/thailands-des-minister-urges-banks-to-halt-unauthorised-transactions-amid-fraud-concerns

 

-- © Copyright Thaiger 2023-08-11

 

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[StayinThailand2much]

3 hours ago, webfact said:

His admonition arrived following the unsettling account narrated by noted TV news anchor Paweenamai Baikhloi, who spoke about losing over 1 million baht to online fraudsters who posed as officials from the Department of Land.

Another story of a moron who "temporarily" transferred all his money to another bank account cause 'someone online (or on the phone) asked him to'? 

 

Strange, the only online scams I ever encounter are the occasional emails from friendly folk from Africa (mostly) offering me billions of 'lost funds'... And yes, there are the numerous 'offline' scams one has to be aware of in Thailand every day...

Edited August 11, 2023 by StayinThailand2much

[Farma]

Watching YouTube scambaiter vids I often see a lot of the mostly Indian based scammers using Thai bank accounts to receive scammed funds.

[Liverpool Lou]

13 minutes ago, Farma said:

Watching YouTube scambaiter vids I often see a lot of the mostly Indian based scammers using Thai bank accounts to receive scammed funds.

Mule accounts, bought and paid for by the Indian scammers who are the ones controlling the accounts, not the Thais whose names are on the accounts they usually have no idea what the scammers are doing.

[Gottfrid]

unauthorized transactions? Yeah, It´s as simple as that.

[hotchilli]

Banks able to freeze accounts showing unusual transactions... will that include politicians?