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Accused confesses and repays MVR 400,000 in fraud case reported in Hulhumale' Phase II

Bank of Maldives (BML) warns of increased scam calls claiming receipt of flat. (Photo/BML)

A man who fraudulently took MVR 400,000 has returned the money to its owner.

Police said they received a complaint last Friday regarding a fraud involving MVR 400,000, reported to the Hulhumale' Phase II Police Station.

After receiving the complaint, the accused confessed to the crime upon questioning, police said.

Following negotiations between the two parties, the accused agreed to repay the money in instalments, and police said the amount has now been returned to the owner.

Police are investigating the incident.

Police have advised the public to exercise caution when conducting financial transactions.

Cases of fraud and extortion occur from time to time. According to statistics released by the Police Anti‑Scam Center on Sunday, 43 scam cases were reported between the 5th and 11th of this month.

A total of MVR 433,425 was lost, of which MVR 87,864 was recovered.

The most common scams in Maldives involve hacking social media accounts.

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