Digital Banks Spurring Mule Accounts?

Raymon Ram, Certified Fraud Examiner & Anti-Money Laundering Specialist, Graymatter Forensic Advisory

25-Jun-24 07:45

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The rapid increase of digital banks and wallets in Malaysia has sparked concerns about their potential to fuel a rise in mule accounts for illicit activities. Raymon Ram, Certified Fraud Examiner & Anti-Money Laundering Specialist, Graymatter Forensic Advisory shares his insights into the strategies and challenges involved in combating mule accounts, especially within digital banking.

Image Credit: shutterstock.com

Produced by: Tun Hizami Hashim

Presented by: Wong Shou Ning, Philip See, Shazana Mokhtar

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Categories: financial wellness, alternatives, sponsored content

Tags: celcomdigi2024, celcomdigi2024, illicit activity, mule accounts, financial scams, online scams, digital banking,

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