The Hong Kong Monetary Authority Issues Alert About Fraudulent DBS Bank Website and Social Media Page
Welcome to Extreme Investor Network, where we bring you the latest news and insights on cryptocurrency, blockchain, and financial technology. Today, we want to highlight an important alert issued by the Hong Kong Monetary Authority (HKMA) regarding a fraudulent website and social media page linked to DBS Bank (Hong Kong) Limited.

The HKMA has issued this alert to protect the public from potential scams and phishing attempts. It is crucial for individuals to be aware of such fraudulent activities and take necessary precautions to safeguard their personal and financial information.
Key Details of the Fraudulent Activity
According to the HKMA, the fraudulent website and social media page associated with DBS Bank (Hong Kong) Limited have been reported to the authority. It is important to note that legitimate banks do not send SMS or emails with embedded hyperlinks for transactions or request sensitive personal information like login passwords or One-Time Passwords (OTPs) via phone, email, or SMS.
Recommended Actions for Affected Individuals
If you have shared personal information or conducted financial transactions through the fraudulent website or social media page, it is advisable to contact DBS Bank using the information provided in the press release. Additionally, you should report the incident to the Hong Kong Police Force’s Crime Wing Information Centre at 2860 5012.
This alert serves as a reminder for the public to stay vigilant against online fraud and always verify the authenticity of communications from financial institutions.
For more updates on cryptocurrency and blockchain news, stay tuned to Extreme Investor Network.
Published by Timothy Morano | Aug 13, 2024 06:16
Source: Hong Kong Monetary Authority, Shutterstock