
In the recent scams involving OCBC Bank, fraudsters sent SMS messages claiming to be from the bank to trick its customers. — Reuters
SINGAPORE: Scams are on the rise. Nearly 470 OCBC Bank customers lost at least S$8.5mil (RM26.50mil) to a spate of SMS phishing scams last month, and other banks such as DBS and UOB recently warned of similar scams impersonating bank employees.
Here are some of the most common types of scams going around.
Subscribe to The Star Yearly Premium Plan for 30% off
Cancel anytime. Ad-free. Full access to Web and App.
Monthly Plan
RM 13.90/month
RM 9.73/month
Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.
Annual Plan
RM 12.39/month
RM 8.63/month
Billed as RM 103.60 for the 1st year, RM 148 thereafter.