Malta AFM warns of scam requests for transport payments
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AFM Warns of Transport Payment Scams Ahead of Summer

ByHot Malta

AFM’s Warning: Don’t Fall for Fake Transport Payment Requests

Imagine this: You’re planning a weekend getaway to Gozo, excited to explore the scenic Ramla Bay. You receive an email from what seems to be your trusted transport provider, asking for an advance payment. But something doesn’t feel quite right. You’re not alone in this predicament. The Malta Financial Services Authority (MFSA) has issued a warning about scam requests for transport payments, leaving many locals and tourists alike in a state of caution.

Scams on the Rise

The AFM has recently observed an increase in such scams, targeting both locals and tourists. These fraudsters are clever, mimicking legitimate transport providers’ websites and emails to trick unsuspecting victims into making payments. They often ask for advance payments, claiming it’s for booking or as a deposit. Once the payment is made, they disappear, leaving you stranded and out of pocket.

How to Spot a Scam

So, how can you tell if that email or website is legit? The AFM suggests looking out for the following:

    • Check the email address. Scammers often use addresses that mimic legitimate ones, but are slightly off. For instance, they might use ‘info@malta-transprt.com’ instead of ‘info@malta-transport.com’.
    • Be wary of poor grammar and spelling. Legitimate companies usually have their communications proofread.
    • Don’t click on suspicious links. Hover over them first to see where they’re really leading you.
    • Never share sensitive information like your card details or login credentials via email.

If you’re unsure, it’s always best to contact the company directly using a phone number or email address you’ve found on their official website.

What to Do if You’ve Been Scammed

If you’ve fallen victim to a scam, don’t panic. Here are some steps you can take:

    • Report the scam to the AFM’s Financial Intelligence Analysis Unit (FIAU) on their website.
    • If you’ve made a payment, contact your bank immediately to try and stop the transaction.
    • Change your passwords for any accounts that might be linked to the scam.

Remember, it’s always better to be safe than sorry. A few minutes of caution can save you a lot of hassle and money.

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