Beware of EPF special withdrawal scammer - Police

KUALA LUMPUR - Police have warned people to not be fooled by a scam tactic involving the process of the special RM10,000 withdrawal from the Employee Provident Fund (EPF).

Deputy Inspector-General of Police Datuk Razarudin Husain said police will constantly monitor any fraudulent activities to ensure the public would not fall victim to the scam involving the EPF withdrawal.

"The Commercial Crime Investigation Department (CCID) would always monitor and remind people to not fall for this fraud syndicate.

"Almost everyday, the police will warn and advise the public through social media, especially on the Royal Malaysian Police Facebook page and other social media platforms, about the various tactics of fraud," he said during a Memorandum of Understanding signing ceremony between Kop Mantap Bhd and strategic partners on Thursday.

He said he hoped that there will be no victims of such scam.

On Wednesday, EPF has advised the public to be careful with the EPF special withdrawal application advertisement on social media.

It had on its Facebook page said it did not appoint any third party to manage the special withdrawal process.

On Wednesday, Prime Minister Datuk Seri Ismail Sabri Yaakob announced the government's decision to allow the withdrawal of EPF contributions up to RM10,000 to help ease the burden of Keluarga Malaysia impacted by the Covid-19 pandemic.

He said although it was a tough decision to make, the government had to take this middle-of-the-road approach to strike a balance between contributors’ current pressing needs and their savings for the future.