By BUUMBA CHIMBULUCUSTOMERS in rural areas are at a high risk of being swindled by fraudsters due to little awareness on the negative vice which has penetrated the financial sector.There is high likelihood that the rural customer may not know how to deal with suspicious transactions occasioning on their account and would rather just sit by and complain to no one in particular.This is according to the Bankers Association of Zambia (BAZ) fraud prevention and security committee member, Vitalis Hamusonde, who observed that commercial banks tend to concentrate their customer fraud awareness campaigns to urban customers.Mr Hamusonde explained that the position of the rural customer made them even more vulnerable to fraud attacks.He stated that the rural communities tend to be left out or receive less attention yet there were people in rural areas that generated a lot of money and had to travel distances to find a bank in which to deposit their money.“With […]
Villagers more vulnerable to fraud
