Osaka to Ban Elderly ATM Phone Use to Combat Fraud; Law Effective August

Osaka is set to implement a new rule that will restrict elderly individuals from using ATMs while on phone calls in an effort to combat the increasing incidents of fraud specifically targeting older adults. Scammers frequently pose as family members or authorities to deceive victims into making cash withdrawals. The regulation, which will be enforced starting in August, requires ATM operators to educate users about the prohibition to ensure compliance. This proactive measure aims to safeguard vulnerable seniors from falling victim to financial scams and protect their hard-earned savings.

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