I received this message from my BU4 Resident Yahoo group. It seems some insider within the bank is out to defraud the general public by folding RM50 note in the ATM, and when dispensed, it will count as two notes. Whoever did this inside the bank now get to keep the RM50 at bank account holder’s expense. <\/p>\n
This was not the first time it has happened; my father experienced this several years ago. Therefore this is definitely an inside job within the bank. My father could not recover his RM50 either even after complaining to the bank. The bank was the then Bank Bumiputra (now completely merge to become CIMB bank, so you could imagine how long ago this trick was still being used). With the neatly folded RM50, the machine counted it as two RM50 notes. As far as the machine was concern, it has dispensed the correct number of notes. So there is no way as a bank account holder could you recover your money. The bank will not entertain your recovery claims.<\/p>\n
In the message bleow, the lackadaisical attitude of the bank customer service was also a blow to us account holders. Since the bank PIC was aware that such things do occur as they have informed but still they simply just fault it as an ATM malfunction (when in actual fact was fraud done by insider), but because you could not furnish proof that you have been dispensed with a missing note there is no way you could recover your money. They lay the burden on the consumer and not do anything to solve this problem.<\/p>\n
If the bankers are ever reading this, I think they should modify their ATM machine to count the money on both ends rather than one end of the money stack. That way no insider can repeat this trick to defraud us consumer; otherwise we will lose confidence with ATM machine and resort back to over the counter withdrawals. But I guess they will just ask you to go back to the ATM machine to withdraw.<\/p>\n
Perhaps a police report should be made to make it official. Then publish in the papers. How about that?<\/p>\n
\nFrom: Loo, Jasmin-WP
\nSent: Thursday, April 10, 2008 8:47 AM
\nSubject: FW: ATM users be cautious<\/p>\n
Dear All,<\/p>\n
I would like to share a real life story with all my friends and especially all my colleagues and all Maybank account holders.<\/p>\n
This incident happened on today evening (1 April 2008). I went to the PJ State (Also known as PJ New Town) Maybank to withdraw RM500. Unfortunately for me, only 9 RM50 notes came out instead of 10.<\/p>\n
What happened was, one of the RM50 notes was folded exactly in half and placed at a corner of the stack (Please refer to the attached pictures showing how two RM50 notes can be counted as three).<\/p>\n
I was so upset because I have no proof that the ATM did not give me the correct amount. After much hesitation, I finally decided to call Maybank to complain about the incident knowing that I may not get back my money. But at least I can caution them of such incident. When I told of my situation to the Maybank Customer Service Representative, to my surprise, I was informed that I’m not the first victim. It seems that similar cases have occurred before. The lady explained that it is the malfunction of the ATM and the money may accidentally get folded in half. However when questioned, she was unable to explain to me why the money can be folded exactly in half and placed nicely in the corner of the stack.<\/p>\n
I believe this is the new technique of cheating money, done by the people who are responsible of placing the money into the ATMs. In the stack of money which is to be placed into the ATM, one RM50 note is folded nicely in half, for every one note taken out of the stack of money. The folded RM50 notes are then placed at the edge of the stack and positioned in the ATM where the money would be counted. With that done, every one folded note would be counted by the machine as two notes.<\/p>\n
I may be wrong about how and why it happened, but I would like to warn everyone about this incident. Please be careful when withdrawing money from the ATM (it may happen to other banks as well) and do count your money to be sure. If such an incident really happened to you (*touch wood*), please do call up the bank to complain about this. If everyone keeps quiet about this, the bank may be unaware of such incidents and the people responsible may just continue doing what they do without getting caught! Even if it is actually because of the ATM malfunctioning, the bank should know about this and there is also a chance of you getting your money back. <\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"
I received this message from my BU4 Resident Yahoo group. It seems some insider within the bank is out to defraud the general public by folding RM50 note in the ATM, and when dispensed, it will count as two notes. Whoever did this inside the bank now get to keep the RM50 at bank account …<\/p>\n
Fraud from bank ATM machine dispensing folded cash notes<\/span> Read More »<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[13],"tags":[102],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p1bS5F-1I","jetpack-related-posts":[{"id":2885,"url":"https:\/\/www.janleow.com\/life\/chinese-new-year-shortage-of-new-notes-for-ang-pow.html","url_meta":{"origin":106,"position":0},"title":"Chinese New Year Shortage of New Notes for Ang Pow","author":"Jan","date":"24 January 2011","format":false,"excerpt":"Oh, dear! Apparently Bank Negara is issuing limited quantities of new notes for this year 2011 Chinese New Year. Checking on a couple of banks, they informed that they only have RM1 and RM50 notes. What!? You can't expect us to stack heaps of RM1 note into the Ang Pow\u2026","rel":"","context":"In "Opinions"","block_context":{"text":"Opinions","link":"https:\/\/www.janleow.com\/life\/category\/opinions"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41,"url":"https:\/\/www.janleow.com\/life\/never-use-ems-poslaju-ever.html","url_meta":{"origin":106,"position":1},"title":"Never use EMS Poslaju National Courier, ever!","author":"Jan","date":"5 June 2007","format":false,"excerpt":"I was the recipient of one Lucky Draw, a winner of Creative ZEN Neeon 6GB MP3 player when I threw my name card into the lucky draw pile in the recent National Achievers Congress 2007. I was using the law of attraction as expounded by the Secret DVD by thinking\u2026","rel":"","context":"In "Opinions"","block_context":{"text":"Opinions","link":"https:\/\/www.janleow.com\/life\/category\/opinions"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":259,"url":"https:\/\/www.janleow.com\/life\/canon-shutter-button-problem.html","url_meta":{"origin":106,"position":2},"title":"Canon Shutter Button Problem","author":"Jan","date":"3 December 2009","format":false,"excerpt":"At first it happened to my brother-in-law's Canon EOS 40D DSLR camera, and then now it was my Canon EOS 30D DSLR shutter button that was not working. The Canon shutter button problem is rather irritating when it happens. You will still be able to get a focus lock, but\u2026","rel":"","context":"In "Photography Equipment"","block_context":{"text":"Photography Equipment","link":"https:\/\/www.janleow.com\/life\/category\/photography-equipment"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":66,"url":"https:\/\/www.janleow.com\/life\/nuffnang-vs-adsense.html","url_meta":{"origin":106,"position":3},"title":"Nuffnang vs Adsense","author":"Jan","date":"27 November 2007","format":false,"excerpt":"For blogger who wish to make a killing blogging, don't get your hopes too high. Yes, you can get some pocket money out of it, but if you really want to live off the earnings from your blogs, sorry, tough luck. Am I being pessimistic? Not really. Yes, there are\u2026","rel":"","context":"In "Website"","block_context":{"text":"Website","link":"https:\/\/www.janleow.com\/life\/category\/website"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3964,"url":"https:\/\/www.janleow.com\/life\/porting-over-from-maxis-to-u-mobile.html","url_meta":{"origin":106,"position":4},"title":"Porting over from Maxis to U Mobile","author":"Jan","date":"1 March 2016","format":false,"excerpt":"Swapping or porting over your telco plan to another such as Maxis to U Mobile can be tedious. Mine was not easy because it was a supplementary plan latched onto my wife\u2019s Maxis principal line. Maxis is still the best telco in West Malaysia having the best LTE\/3G internet data\u2026","rel":"","context":"In "Computer Devices"","block_context":{"text":"Computer Devices","link":"https:\/\/www.janleow.com\/life\/category\/computer-devices"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101,"url":"https:\/\/www.janleow.com\/life\/casio-tough-solar-watches.html","url_meta":{"origin":106,"position":5},"title":"Casio Tough Solar Watches \u2013 not a good idea","author":"Jan","date":"30 March 2008","format":false,"excerpt":"When I first came across Casio Tough Solar watches, I thought it would be good to have watches that were recharged using solar power. I thought there would not be any need to replace the battery since it would be continuously be recharged by the Sun. Little did I know\u2026","rel":"","context":"In "Computer Devices"","block_context":{"text":"Computer Devices","link":"https:\/\/www.janleow.com\/life\/category\/computer-devices"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.janleow.com\/life\/wp-json\/wp\/v2\/posts\/106"}],"collection":[{"href":"https:\/\/www.janleow.com\/life\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.janleow.com\/life\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.janleow.com\/life\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.janleow.com\/life\/wp-json\/wp\/v2\/comments?post=106"}],"version-history":[{"count":0,"href":"https:\/\/www.janleow.com\/life\/wp-json\/wp\/v2\/posts\/106\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.janleow.com\/life\/wp-json\/wp\/v2\/media?parent=106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.janleow.com\/life\/wp-json\/wp\/v2\/categories?post=106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.janleow.com\/life\/wp-json\/wp\/v2\/tags?post=106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}