Beware of Fraudulent SMS and Telephone Calls Requesting Confirmation on Credit Card Transactions

Check out the link (from Bank Negara)

I had similar experiences where some local women called me up and said that it is calling from some kind of "kad center". Later persuaded me to give out my credit card number which actually they already have it (they just pretend don't know it). In fact, the reason I comply because they know my full names and the intention was to get the CVV number. Then I suspected something and refused. I eventually went ahead to terminate my credit card.

From Bank Negara Malaysia 's investigations, the modus operandi of the scam is as follows:

  1. Victim receives SMS or telephone call: Requesting victim to confirm a credit card transaction for the purchase of goods or services purportedly charged to the victim's credit card.
  2. When victim calls the telephone number provided in the SMS, the fraudsters identify themselves as agents of a commercial bank, and again, ask the victim to confirm whether the credit card transaction had taken place.
  3. When victim informs the fraudster that he has no such credit card or transaction, the fraudster will start to sound concerned and will advise victim to lodge a report with Bank Negara Malaysia 's "Unit Kad Kredit Palsu", or with the commercial bank's "credit card management department". The fraudster will provide the victim with the telephone number for the "Unit Kad Kredit Palsu".
  4. When victim calls the telephone number provided, they are greeted by a automated voice message which identifies the company as Bank Negara Malaysia, and the call will then be answered by someone claiming to be a Bank Negara Malaysia officer. This officer will request for information relating to the victim's banking and credit card accounts under the pretense of lodging a complaint on behalf of the victim.
  5. The fraudsters now have sufficient information to illegally transfer funds out of the victim's bank account.