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8 The Portugal News • 16 Nov 2019                                  News


      MB Way scam warning                                                       Portugal’s PSP police force has warned of an increase in

                                                                                occurrences related to scams through the MB Way banking
                                                                                app, having registered between January and May 135
                                                                                complaints.

                                                                                       he PSP alert was published on  make several withdrawals and
                                                                                       Facebook, in which it warns of an  purchases illegitimately,” they said.
                                                                                       increase of this type of scams as  According to the PSP, the victim is thus
                                                                                Twell as recommendations.           led to entering into the ATM the suspect’s
                                                                                According to data from PSP, in 2018  mobile phone number and the provision
                                                                                there were 99 occurrences recorded  of the respective code, associating it with
                                                                                related to scams through the MB Way app  his or her ATM card, convinced that these
                                                                                and between 1 January and 31 May there  are the proper procedures to receive
                                                                                were 135.                           payment through the MB WAY, eventually
                                                                                The police said that, according to the  falling into the trap.
                                                                                investigation and analysis of the Criminal  According to the authorities, the victim
                                                                                Investigation Department of the PSP, the  thus gives access to the account that is
                                                                                ‘modus operandi’ aims to take advantage  linked with the ATM card, thus allowing
                                                                                of the ads that victims put online for the  undue withdrawals from the bank
                                                                                sale of objects on sites dedicated to this  account.
                                                                                type of trade (OLX, CustoJusto, among  In this sense, the PSP recommend that
                                                                                others).                            they refuse to pay through the MB Way app
                                                                                “Later, they are contacted by telephone by  if they do not understand how it works.
                                                                                supposed buyers who show interest in  It also recommended that people always
                                                                                that purchase,” the PSP said.       try to do business in person if they are in
                                                                                Following this contact, the alleged buyers  the same geographical area as the buyer,
                                                                                convince the victims to go to an ATM to  receive payments in person or through
                                                                                pay for the item via MB WAY.        bank transfer and never follow
                                                                                “When they manage to deceive the victim,  instructions from strangers to make the
                                                                                they take advantage of their lack of  payments.
                                                                                knowledge about the MB WAY app and,  Finally, the PSP stressed that in case of
                                                                                through misleading indications about the  doubt, the information should be
      PSP recommend that people refuse to pay through the MB Way app if they do not
      PSP recommend that people refuse to pay through the MB Way app if they do not  procedures to be adopted, they can  requested from the bank about the
      PSP recommend that people refuse to pay through the MB Way app if they do not
      PSP recommend that people refuse to pay through the MB Way app if they do not
      PSP recommend that people refuse to pay through the MB Way app if they do not
      understand how it works
      understand how it works
      understand how it works
      understand how it works                                                   access the victim’s bank account and  operation of the app.
      understand how it works
      EU to subsidise private storage of virgin olive oil
      The European Commission has adopted an exceptional aid package for private storage of virgin
      The European Commission has adopted an exceptional aid package for private storage of virgin
      The European Commission has adopted an exceptional aid package for private storage of virgin
      The European Commission has adopted an exceptional aid package for private storage of virgin
      The European Commission has adopted an exceptional aid package for private storage of virgin
      olive oil to balance markets, marked by falling prices for the product, notably in Portugal and Spain.
      olive oil to balance markets, marked by falling prices for the product, notably in Portugal and Spain.
      olive oil to balance markets, marked by falling prices for the product, notably in Portugal and Spain.
      olive oil to balance markets, marked by falling prices for the product, notably in Portugal and Spain.
      olive oil to balance markets, marked by falling prices for the product, notably in Portugal and Spain.
        “Given an oversupply following the  By comparison, in Greece olive oil  with 88 percent coming from Spain,
      2018-2019 harvest, prices on the  was marketed at a price 13.5   which, combined with the
      Spanish, Greek and Portuguese    percent below the five-year average.  expectation of a harvest in 2019/
      markets have been particularly low,”  In April, the average price of virgin  2020 threatens the European
      said the European Commission in a  olive oil in the European Union (EU)  market, hence the need for
      statement.                       was the lowest since October 2014,  intervention.
        Markets are being affected by the  at €265 per 100 kilograms, 14  Contracts for private storage aid
      sharp fall in prices in Spain, the  percent less than in the same month  cover a period of 180 days.
      largest producer and exporter of  last year.                       Virgin olive oil producers from
      olive oil, where extra virgin olive oil  The EU forecasts an increase in  Portugal, Spain, France, Greece,  Given an oversupply following the 2018-2019 harvest,
                                                                                                        Given an oversupply following the 2018-2019 harvest,
                                                                                                        Given an oversupply following the 2018-2019 harvest,
                                                                                                        Given an oversupply following the 2018-2019 harvest,
                                                                                                        Given an oversupply following the 2018-2019 harvest,
      prices were 33 percent below the  stocks of 859,000 tonnes of olive oil  Italy, Croatia, Cyprus, Malta and  prices on the Spanish, Greek and Portuguese markets have
                                                                                                        prices on the Spanish, Greek and Portuguese markets have
                                                                                                        prices on the Spanish, Greek and Portuguese markets have
                                                                                                        prices on the Spanish, Greek and Portuguese markets have
                                                                                                        prices on the Spanish, Greek and Portuguese markets have
      five-year average in mid-October.  in the 2018/2019 marketing year,  Slovenia can apply.          been particularly low
                                                                                                        been particularly low
                                                                                                        been particularly low
                                                                                                        been particularly low
                                                                                                        been particularly low
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