on Friday morning warning the public against a scam where the perpetrators impersonate banks, sending SMS es that offer deposit scheme promotions with high interest rates.
These scammers operate by sending SMSes to victims from unknown +65 local mobile numbers. These messages claim to be from banks and would promote fixed deposit schemes with high interest rates. The scammers would then instruct victims to contact a phone number provided within the SMS to express their interest and obtain more details about the promotion.When the victims call the numbers, the scammers would pretend to be bank agents, providing fraudulent identification such as staff passes.
Scam Bank Impersonation SMS Deposit Scheme High Interest Rates
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