Bank staff trained to spot ‘red flags’ prevent RM12.4mil in fraudulent transfers

Syed Ahmad Taufik said the honoured staff members from 10 banks including Maybank, CIMB and UOB Bank, were specially vetted and selected by PDRM. — Handout

KUALA LUMPUR: When a customer requested to withdraw RM2.8mil from his account to be transferred to a company for investment, an alert bank staff sensed that something was amiss.

"I'm familiar with this customer and the nature of his business seems to be at odds with the investment purposes into that company.