Proposed Protection from Scams Bill targets digital and telecommunication scams, excluding in-person fraud
On August 30, 2024, the Ministry of Home Affairs (MHA) released details about a proposed Protection from Scams Bill, which aims to empower the police to temporarily restrict banking transactions of individuals who are believed to be victims of ongoing scams. The proposed measure targets individuals who refuse to accept that they are being scammed, specifically in cases involving digital or telecommunication channels, such as phone calls, SMS, and online communications.
Key Provisions of the Bill:
Scope: The restriction orders (ROs) will apply only to scams conducted through digital or telecommunication means, and will not cover traditional in-person scams.
Banking Restrictions: Victims under an RO will be unable to conduct online banking, mobile banking, or in-person transactions. The order will also prevent access to credit facilities, including credit cards and personal loans.
Temporary Nature: The ROs will be issued for 28 days initially, after which they can be renewed if the individual is still at risk of being scammed.
Mechanism for Access: Victims can apply to the police for access to funds for legitimate purposes during the restriction period.
Purpose:
This initiative is aimed at combating the increasing number of self-effected transfer scams, where victims willingly transfer money under the influence of scammers, despite warnings from family, banks, or authorities.
Public Consultation: MHA is seeking feedback on the proposed Bill from the public, with details available on the government’s Reach website, and feedback can be submitted via email or mail.
