The Maldives Police Service has started freezing bank accounts involved in fraudulent transactions, following amendments to the Criminal Procedure Act that grant police the authority to seize funds and halt transactions without requiring a court order.
Speaking to state media, Anti-Scam Center Head Adam Naweed explained that previously, accounts were frozen with a court order, but delays often allowed fraudsters to withdraw funds before action could be taken. However, with the new legal provisions, police can now freeze fraudulent accounts immediately.
Naweed stated that once a scam is reported, police will promptly share the information with financial institutions, enabling them to take immediate measures to block transactions.
Fraud cases have been on the rise in the Maldives, with scammers constantly evolving their tactics. In response, police have also set up a dedicated Anti-Scam Call Center to handle such cases efficiently.
Speaking to state media, Anti-Scam Center Head Adam Naweed explained that previously, accounts were frozen with a court order, but delays often allowed fraudsters to withdraw funds before action could be taken. However, with the new legal provisions, police can now freeze fraudulent accounts immediately.
Naweed stated that once a scam is reported, police will promptly share the information with financial institutions, enabling them to take immediate measures to block transactions.
Fraud cases have been on the rise in the Maldives, with scammers constantly evolving their tactics. In response, police have also set up a dedicated Anti-Scam Call Center to handle such cases efficiently.
