Deceptive proliferation lottery schemes worries CFTC

Blantyre: Competition and Fair Trading Commission (CFTC) has expressed dissatisfaction with the conduct of some individuals who swindle consumers through lottery scheme or false lottery method.

For some time now, people in the country have unknowingly wasted their money through fraudsters who claim that certain individuals have won prizes in certain promotions and that the winner has to send money to receive their prize.

In a press statement from CFTC dated October 4, 2018 signed by the Executive Director, Charlotte Wezi Malonda, the information gathered by the commission indicates that some unsuspected fraudsters were sending SMSs or phone calls to consumers indicating that they have won a prize and they have to pay money in order to have their prize.

In some instance the scammers posed as employees from certain companies advising customers that they have won items such as iron sheets or bicycle which they could claim upon making some payments.

The end result is that the alleged winners have been tricked and lost their money through payments for these non-existence prizes. Consumers are therefore advised to be vigilant and report unsuspected scammers to relevant authorities such as Malawi Police Service and Malawi Communications Regulatory Authority or the commission itself, reads the statement.

The report further states that it is an offense for any person to engage in any fraudulent practices designed to exploit consumers under the Competition and Fair Trading Act and Consumer Protection Act.

Any person found offering gifts or prizes with the intention to defraud consumers will be punished in accordance with the Competition and Fair Trading Act and other relevant laws.

The commission wishes to appeal to companies to alert the general public when their company names are being used in any form of fraudulent scams, Malonda said in the statement.

Source: Malawi News Agency MANA