Phantom withdrawals: Mobile money fraudsters ruining lives

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Phantom withdrawals: Mobile money fraudsters ruining lives
Phantom withdrawals: Mobile money fraudsters ruining lives

Africa-Press – Malawi. The notification came in an instant. A customer had just withdrawn money using his agent code, the screen of the phone said so.

He paid the money without having a second thought; just another routine transaction in a long day of business.

Precious Chikaonda from Chinsapo in Lilongwe says his business collapsed because of that one transaction.

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