Beware ‘credit to cash’ scams

KUALA LUMPUR: Communications and Digital Minister Fahmi Fadzil has advised the public not to be duped by scammers claiming to provide RM100 in cash from the eMadani credit.

Fahmi, also the unity government spokesman, said such activities by unscrupulous parties always seemed to rise each time the government announced aid or initiative for the people.

“For example, previously, when it was announced that the public could withdraw from the EPF, all kinds of scams surfaced.

“The same happened when the Rahmah Cash Aid was announced.

“Please be careful, read (the terms) properly… don’t cash out, because if anyone says he can give money, I guarantee he will not give money, we will lose the RM100,” he said at Wisma BK after appearing as a guest on BK TV’s Apa Khabar Malaysia programme yesterday morning.

The Ministry of Finance (MOF) has announced that it received over seven million applications as at 5pm on Monday.

The government announced that the eMadani credit cannot be used for certain transactions, which include peer-to-peer transfer and cash-out, adding that it can only be used for physical purchases via participating ewallets, namely MAE, Setel, ShopeePay and Touch ‘n Go eWallet or via DuitNow QR code, at 1.8 million retailers and businesses nationwide.

Fahmi said seven million was a big number and would require some time for identity verification and credit distribution.

“I have received feedback and read media reports stating that some will have to wait as many as five days.

“Upon checking with the MOF, I find there is a slight misunderstanding, and I think the report has been clarified, it is up to five days – as fast as one day, at the latest five days,” he said.

Prime Minister Datuk Seri Anwar Ibrahim previously stated the eMadani initiative would benefit 10 million eligible adult Malaysians, involving an allocation of RM1bil.

The RM100 ewallet credit, which is offered to all Malaysians aged 21 and above within the B40 and M40 groups, was announced by Anwar during the launch of the Madani Economy: Empowering the People framework on July 27. — BK