EBank warns of fraudulent behaviour

30 Jul 2015 17:50pm
WINDHOEK, 30 JUL (NAMPA) - EBank has issued a warning for people to be on the lookout for scams whereby fraudsters dupe their victims into paying money into Ebank accounts.
A media statement issued by Ebank on Thursday said these fraudsters call or text someone, claiming to offer services or sell goods based upon a deposit to be paid into an EBank account.
“Once the deposit is made, the fraudsters disappear without providing the goods or services promised. We have experienced a few cases where members of the public are tricked into handing over their hard earned money to these con artists.
“This is a concerning trend and we would like to warn all members of the public to be on the lookout for such scams and always be vigilant when engaging in such transactions,” the statement said.
Scams target the sale of goods such as cars or cattle advertised in local newspapers and on social media platforms. Upon calling the number advertised, the potential buyer is asked to deposit an amount into the “seller's” EBank account using a (legitimate) eight digit ECode at a participating EBank retailer.
Once deposited at the retailer, the money is immediately transferred into the “seller's” account, whereupon the fraudster disappears without the exchange of the promised goods or services.
More recently, scams have focused on individuals who have lost their loved ones and have placed an advert in the local newspapers for a tombstone unveiling or a death or funeral announcement. In such cases, the fraudsters will call the family and introduce themselves as employees of a reputable financial institution, bank or insurance company. They ask that a deposit be made into an EBank account in order for a funeral policy or death benefit claim in the name of the deceased to be paid out.
The bank has also experienced a number of cases regarding bail money payments for trial awaiting prisoners.
“Family members are notified that a relative is in jail and request for urgent bail payment using an EBank ECode provided by the fraudster. Upon making the deposit, the money disappears and no bail is settled or granted,” the statement said, adding that sometimes the relative is not even in jail, but the family are deceived into believing so.
In the end, people should not deposit money into any bank account in return for goods or services without knowing the seller and seeing the goods first.
“Be cautious in all cases where you are requested to deposit funds using an ECode supplied by someone unknown to you. If you have been called by someone claiming to be from a bank or insurance company, first call that company and check the legitimacy of that policy of benefits, as well the credentials of the person who called,” the statement said.