By BUUMBA CHIMBULUBANKERS Association of Zambia (BAZ) has cautioned customers against attackers as the industry has recently witnessed a resurrection and increase in smash and grab attacks on customers. Customers should therefore consider Cash in Transit services offered by security companies or police escort for large drawings while refraining from withdrawing large amounts of money over the counter. BAZ Fraud Prevention Committee Member, Paul Luo, noted that attackers have been frequenting banking halls on the pretext of intending to open an account or conducting a transaction and yet they are spotting which customer to trail. “For the most part such individuals join queues but never really get to the counters or make any meaningful transactions. “What their aim is at that time is to see customers drawing substantial amounts of money and ßalert their colleagues outside the branch. For this reason, these are called spotters,” he explained in his write-up on Beware of Trailing, Smash and […]
BANKERS WARN AGAINST GRAB-ATTACKS
