Vecht against fraudsters – Osaka forbids older calls to ATMs

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The Japanese city of Osaka prohibits more than 65-year-olds to call for ATMs. The elderly in particular are the goal of organized fraudsters, the authorities argued.

These would often be on the phone if family members, police officers or lawyers and their victims encourage them to withdraw or transfer money for them. Last year the resulting national damage in Japan reached a maximum of around 443 million euros.

The new regulation that people aged 65 and older have is no longer allowed to call for ATMs from August. The operators of ATMs were instructed to inform about the ban with signs and flyers. In the case of a violation, however, there may be no penalties for customers or the operators.

“Older people are the victims of the fraudsters and the operators such as banks are our allies in fighting fraud. That is why it would not be appropriate to punish them,” said the official representative Ryo Hamaoka on Friday.

Source: Krone

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