Just yesterday night I found my cimb has been frozen.i called CIMB call centre and she asked me to to counter. I am new and p2p merchant but accepted 3rd party transferred.but before my account got freeze,I have stopped doing p2p already on 25th due to I read here about the scam activity through p2p.i kinda worry now😭😭

I using kucoin p2p..do buy and sell as well

if it is third party scam and got police report then your IC number will red flag under bank negara, all your bank account will be close 1 by 1 and can't open anymore. Happen to me and my many friends. We did not scam people but we became victim of third party scam.

useless 1. Police cant do anything and bank negara also dont care.

we tried many way. No one ever success

I have no idea. Might possible too....these scammer really so bad.

I have checked .The officer said got people reported me. Not reveal who and which transaction. I have no way to justify

Guys! Need your help!

I am so dumb to accept third party account transfer when selling usdt in bybit p2p.

The buyer (scammer) used third party account to transfer the funds to my personal account (MBB). He said his personal account reached limit and asks if can use company account to transfer. I said ok. Once released the USDT, I transferred the RM in my MBB to my company account. (HSBC) - to return some funds I took out from my company account.

Next morning I checked my MBB & HSBC company account got frozen.

I rushed to Maybank branch… the people there said need to wait for reply. Got frozen by cyber security department regarding transaction and unwilling to disclose any other details.

What should I do next? Main concern is my company account… I need that account and the funds inside. I transferred in 10k but the funds inside is six figures! All frozen!

IMO, unfortunately there's nothing much you can do now until they concluded the investigation

most likely your case is under fraud investigation as the 3rd party account got scammed and made police report, hence your accounts got frozen

#1 rule in P2P, never ever accept 3rd party transfer

i think the trigger is you use personal acc to receive the funds

What is the progress?

No news from both banks. Emailed, called, they just say need to wait. No exact reasons why account was froze.

Just got updated by bank today.

I got reported and PDRM is investigating. Gave me an inspector phone number. After communication, he understood that I sell my USDT and the scammer transferred me scammed fund. But my case isn’t first layer. Meaning it’s not the direct transferee reported. It’s a few layers up. There’s nothing he can do and he say will take a long time. Even told me tidak pasti can get back my account money or not.

i will make a police report with all the p2p transaction screen shots tomorrow and notify Maybank.

How did your friend resolve this issue and what steps did he need to undergo? Any questioning, going to Balai for interview etc?

Oh and HSBC just closed my company account without a reason.

Just a follow up on this, how's your case going?

I’ll share some further information here because mine took a really strange turn.

Remember when I said that Maybank told me to deal with the IO myself? Yea, they initially only provided me with the IO contact. But after me begging them for more information they finally gave me the case reference number. From the case number I can see that the case was lodged in Butterworth. I made contact with the IO and provided all requested information and proof, he finally told me that he will need approval from Bukit Aman to conclude the case. This was back in Mid Apr, and I followed up every month till now.

But yesterday, out of nowhere, I got a letter from Maybank, Seberang Jaya branch. The letter is an account closure notification. The clause is kind of ridiculous but that’s beside the point:

“The Bank reserves the right to close any banking account for any reason whatsoever by giving 14 days notice of such intention and the Bank shall not bound to disclose any reason therefore.”

Seems normal right? Someone did mention somewhere that Maybank will close your account after they completed investigation. But here’s the plot twist, I NEVER OPENED AN ACCOUNT WITH THAT BRANCH AS I AM BASED IN KL. I first thought it might be some scam, fake letterhead, fake this and that, but I checked on TNG DuitNow, nope, the account holder name is indeed my name.

But wait, my case is lodged in Penang, and an account was opened without my knowledge nor consent in Penang, coincidence?

When they told me that I have to pay the victim to resolve this case and deal with the scammers myself, they actually told me they can prepare an auto-debit form for me to sign on the spot, coincidence?

Now here’s the most sketchy part. I contacted my IO again today. He's usually quite responsive but after ignoring me the whole morning, he replied me at noon to tell me that my case was just approved (for dismissal I assumed, feels like he didn't want to elaborate about it), coincidence?

But he told me I must go see him to collect the letter face to face in Butterworth. I told him I was based in KL and it’s kind of difficult to arrange the trip then he started to ask me about my work like what I work as and where I work. I did ask him to send me a softcopy if possible via email or just snap it and send me via WhatsApp but he totally ignored that part.

I’ve lodge another BNM complaint before the IO replied me because this is either an inside job by Maybank, which is seriously concerning, or an identity theft issue, which is equally concerning as I wasn’t present for any account opening and I’m also unable to open any account via the app as they told me I’m blacklisted. So how did they circumvent that?

Does anyone have any experience with dealing with case dismissal/conclusion where the IO from another state asks you to meet him? Are these report usually handed over face to face only, no soft copies allowed? After hearing stories of how corrupt the police force is, I was wondering if I go meet him, will I be asked to belanja minum kopi?

It's kind of hard to ignore as based on my understanding on how Maybank works, you can't perform any major account changes outside of your home branch. So presumably, you can't close your account from a branch that is not your home branch.

And the account number was not an account number that I'm familiar with. But I have verified said bank account to be under my name through DuitNow.

Lastly, I never resided in Penang, nor did I work there before. Heck I never even really visited Penang mainland other the occasional stop by when traveling to the island. Come to think of it, I never even visited Penang more than 5 times in my lifetime.
I was going to let the financial authorities to do their thing but now I'm seriously considering this as an option now as BNM just replied me and they tried to downplay it as a conflict between me and Maybank on account closure

"We wish to inform you that consideration and procedure on opening or closing of account will be at the discretion of the financial institution (FI) based on its policies, internal procedures and risk management practices. Bank Negara Malaysia does not involve in the evaluation process/credit assessment made by any FI."

I clearly provide way more information of my predicament to them but they still chose to willfully ignore the part where I mention that I did not open nor consented to the opening of  the account. Heck I never visited the branch before either.

Nope, the account being closed wasn't opened by me to begin with. I had no idea of its existence before I received the closure notification.

The Maybank account reported by the victim is still frozen as Maybank just dumped the investigation onto me and told me to deal with the IO directly. And so coincidentally now the case seems to be resolved but now I have to travel to Butterworth to get a report.

RHB on the other hand resolved my issue within 3 months from my complaint to BNM. They took charge in communicating with PDRM and the account is now operable and I foresee using it actively again as I'm servicing my mortgage through them after that incident.

The insiders I'm referring to is within Maybank, not with our enforcers. As the only explanation I can think of how the account can be opened in the first place is either Maybank is so incompetent that they couldn't detect identity fraud, or someone within Maybank opened it without my knowledge. Please note that I was told that I was blacklisted by them, so account opening shouldn't be an option to begin with.

On the flip side, someone told me to think positively, like maybe the investigation was delayed because of the existence of that Seberang Jaya account. But my concern still stands, how was the account opened without my consent nor knowledge?

As you said, I just tried contacting my old branch and he notified me that the account is in the process of termination

Did anyone manage to appeal against the termination?

Another unfortunate victim here fall for the same issue, sell USDT and the buyer dispute to the bank and my account for frozen with Maybank, attached with the seller account on Bybit.

Want to ask people who been through / still going through this, aside from report to police, get all statements & report to the bank home branch, whatelse can be done in between?

Yes, already report to Bybit,

Unfortunately, the payer name is not the same and the excuse is the same "transfer amount exceed and need to use other bank".