Call Centre Fraud Gangs Linked To The Same Network: AMLO

[webfact]

Callcentre fraud gangs linked: AMLO

By The Nation

The Anti Money Laundering Office (AMLO) believes most callcentre gangs fraudulently luring people to make ATM money transfers may belong to the same network.

AMLO found several transactions were made to a small number of accounts - mostly based in Phatthalung, Suphan Buri, Ayutthaya and Chon Buri.

The office will meet with 38 financial institutions next week to discuss countermeasures, including stalling international money transfers for 10 minutes, AMLO chief Pol Colonel Seehanat Prayoonrat said yesterday.

Meanwhile, Department of Special Investigation (DSI) official Pol Colonel Songsak Raksaksakul said that next week the National Telecommunication Commission of Thailand would issue a requirement that phone service providers show a warning message to users who receive calls made via Voice over Internet Protocol (VOIP).

He said call centre gangs kept changing strategies to dupe people. They have graduated from using government officers' names to claiming to be bank officials and offering loans to people with financial problems. In order to receive the loans, victims are told they must make an ATM transaction.

-- The Nation 2011-02-11

[asiawatcher]

Thai's ripping off Thai's - what happened to Tai Rak Tai - the foundation behind - oh there you go, silly me - I forgot - Thaksin lead by example...

Edited February 11, 2011 by asiawatcher

[Wilhelmus01]

Spoken about call centres check out this prank

it was a huge hit on Belgium and Netherlands television.

See it till the end.

NB

The intent was not to victimize anyone, but to put the company's practices

in the spotlight & make fun of automated call centers.

Edited February 11, 2011 by Wilhelmus01

[Arkady]

My wife got one of these calls from an ATM fraudster claiming to be from the Revenue Dept wanting to make a refund to her bank account. Since she had never received a tax rebate and didn't know they always send a cheque, it sounded quite convincing. The only problem was that my wife hadn't filed a tax return and the caller couldn't answer the question as to how they knew how much to refund without her filing the return. I am sure they got a lot of people who weren't even working and thought the Revenue Dept had made a mistake which they wanted to cash in on. LOL

[az2005]

Just wonder how the "stalling international money transfers for 10 minutes" works,

anyone?

[truethailand]

Thai's ripping off Thai's - what happened to Tai Rak Tai - the foundation behind - oh there you go, silly me - I forgot - Thaksin lead by example...

That was good how your turned a money racketeering gang story into Thaksin....well better than some of your other feeble attempts. Why try turn every thread into anti Thaksin... bit old and tired now

[mkawish]

Just wonder how the "stalling international money transfers for 10 minutes" works,

anyone?

When some one is trying to send/transfer some units of money from an acct inside a country (TH) to another country (US).... for example....

the actual transfer of the units of money would be delayed for 10 minutes.... means

that the receiving acct (US) would not see the deposit amount for the duration of the imposed 10 minutes which means....

during the 10 minutes of F L O A T.... a certain designated person(s)/companies/dept et cetera could trace the origin of the transfer identifying the ID of the sender(s) and origin....

to ascertain that the sender actually intends to send that money for the intended purpose.... to the intended receiver....

Succinctly, it gives the authority some leeway, 10 minutes, to interfere, if necessary, with the normal flow of money transfer.... from one acct to another....

During that 10 minutes, the authority, if becomes suspicious, could 'delay' another 10 min.... citing 'trouble on line' or something similar.... to buy time....

to complete the investigation.... without causing too much suspicious from the crooks, so to speak....

At the end.... it is hopeful that a fraudulent transaction could be discovered and stopped.... and prosecuted at the end....

[mkawish]

Just wonder how the "stalling international money transfers for 10 minutes" works,

anyone?

When some one is trying to send/transfer some units of money from an acct inside a country (TH) to another country (US).... for example....

the actual transfer of the units of money would be delayed for 10 minutes.... means

that the receiving acct (US) would not see the deposit amount for the duration of the imposed 10 minutes which means....

during the 10 minutes of F L O A T.... a certain designated person(s)/companies/dept et cetera could trace the origin of the transfer identifying the ID of the sender(s) and origin....

to ascertain that the sender actually intends to send that money for the intended purpose.... to the intended receiver....

Succinctly, it gives the authority some leeway, 10 minutes, to interfere, if necessary, with the normal flow of money transfer.... from one acct to another....

During that 10 minutes, the authority, if becomes suspicious, could 'delay' another 10 min.... citing 'trouble on line' or something similar.... to buy time....

to complete the investigation.... without causing too much suspicious from the crooks, so to speak....

At the end.... it is hopeful that a fraudulent transaction could be discovered and stopped.... and responsible person(s) prosecuted at the end....

[az2005]

Thanks for the post,

not much knowledgeable of financial transactions but why/how any person could benefit from that (stalling international money transfers for 10 minutes)?

thanks