Friday, March 2, 2012

Bank Negara should investigate online banking frauds – Rep

Bank Negara should step in to investigate the security features of an online banking service provided by a local bank following a few fraudulent cases reported here, said Pending assemblywoman Violet Yong yesterday.

She told a press conference here that the complaints received by state DAP recently on the internet banking frauds were all pointed to the same local bank.

The state DAP treasurer therefore felt that an investigation should be conducted to prevent more people becoming victims.

Dennis Cox, 56, from Matang was the latest victim of the fraud, who lost RM5,300 in an online transaction performed on Jan 27.

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