OCBC compensates more than 30 SMS scam victims

OCBC compensates more than 30 SMS scam victims

Ocbc, Scams

17/1/2022 1:03:00 PM

OCBC compensates more than 30 SMS scam victims

SINGAPORE - OCBC Bank said on Monday (Jan 17) that it has already been making goodwill payments to customers who lost funds from their bank accounts in a recent spate of SMS phishing scams. The bank said it has been doing so since Jan 8 and more than 30 customers have received them so far. 'The payouts to this group...

The Straits TimesSINGAPORE - OCBC Bank said on Monday (Jan 17) that it has already been making goodwill payments to customers who lost funds from their bank accounts in a recent spate of SMS phishing scams.The bank said it has been doing so since Jan 8 and more than 30 customers have received them so far.

"The payouts to this group of customers are made on goodwill basis after thorough verification, taking into account the circumstances of each case," OCBC said.ALSO READ:2 OCBC SMS scam victims share losing life savings within minutesNearly 470 customers lost at least $8.5 million to fraudulent fund transfers in December last year after scammers posed as OCBC and sent SMSes to victims with links to phishing sites.

Read more: AsiaOne »

Who are the “beneficiaries”? Let them get away scot-free? ZERO explanation from Head of Digital Business and Transformation? What about SGFinDEx? Conveniently expose depositors to all sort of risk and never said a word?

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2 OCBC SMS scam victims share losing life savings within minutesSINGAPORE - OCBC Bank customers who were scammed have felt great pain, with some losing life savings that they had built up for their children and families painstakingly over the years. OCBC said its banking systems have not been hacked and remain secure. It also reversed its plan to phase out physical tokens for e-banking. In a letter to The...

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