One suggestion involves allowing fraud victims to freeze transfers to nominee accounts.
The Finance Ministry has instructed the Fiscal Policy Office (FPO) to find ways to tackle fraudsters’ use of nominees to open bank accounts, says the ministry’s permanent secretary Krisada Chinavicharana.
Mr Krisada said online scams are escalating, including cases where victims are tricked into installing a mobile app that later enables scammers to transfer money from their bank accounts to accounts opened by nominees.
He said the ministry is considering introducing rules to allow victims to freeze suspicious accounts their money was transferred to in order to halt the…
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