The Maldives Police Service has issued a warning to the public against renting out bank accounts or cards, stressing that such activities constitute a criminal offense under Maldivian law.
In a statement released yesterday, the Police Anti-Scam Center highlighted a growing trend of social media advertisements offering financial rewards in exchange for access to personal bank accounts. These posts often promise “easy money” for individuals willing to share their account details.
Authorities cautioned that these arrangements are frequently linked to serious financial crimes, including money laundering. They emphasized that individuals who participate in such schemes risk facing legal consequences, including prosecution and restrictions on accessing banking services.
Police further noted that account holders are legally responsible for all transactions conducted through their accounts, regardless of who carries them out.
Officials warned that enforcement action will be taken not only against those who rent out their accounts, but also against those who seek to use them, with investigations being carried out in coordination with financial institutions.
The Police also urged the public to refrain from sharing or engaging with such advertisements online, and encouraged anyone who encounters suspicious activity to report it promptly.
