Speaking to the Malta Business Weekly, Sergeant Joseph Louis Xerri from the Police Cyber Crime Unit urged caution regarding a spate of scams, which has seen over 200 victims in the last three weeks.

“Unfortunately, it is a crime on the rise, especially with increasing advances in technology. Fraudsters are becoming more sophisticated than ever,” explained Xerri. “The local victims include both individuals and businesses, with the average amount extracted from their accounts ranging between 800-1800 euros. So far, the total stolen amount is in excess of 100,000 euros.

Fraudsters have also managed to maximise recent changes in the postal service because of Brexit, imposing custom tariffs on the administrative fee.

Read the full story on The Malta Business Weekly.