The State Bank of Pakistan (SBP) has issued a warning to the public against scammers calling to steal bank account details. The SBP warned people not to share their personal or account details over the phone, especially if the caller is impersonating as an official or banker from the State Bank of Pakistan.
Sharing any kind of information with these scammers could lead to heavy losses as these details could be used for illegal money transactions.
There are reports that scam phone calls are being placed to the general public by individuals who portray themselves as officials of the central bank, they ask for personal information from the people. These scammers ask for information like the bank account number, the CNIC numbers, password, etc. They ask for information saying that they want to verify the bank accounts. In case the call receiver denies sharing any such information, the impersonating callers then start giving threats. They say that if the details are not provided, the accounts would then be closed or frozen.
It has also been noticed that fraud emails of various banks are being sent to the general public having scam website links of the banks which ask customers to provide their details including name, email addresses, CNIC details and others. The obtained data is then used for the illegal trade of money from the customer accounts to someone else’s accounts.
The general public is notified that the State Bank of Pakistan is not seeking any such verifications directly with the customers of commercial banks. The SBP notifies time and again to the public via circulars, public awareness advertisements and brochures that people should remain on alert from such kinds of fraudulent activities.
Moreover, the public must not share any detail may that be personal or financial with anyone.
The public is advised to be on alert of such activities and to inform the law enforcement agencies regarding the scammers. Additionally, they should approach their respective banks on an immediate basis in case of any loss they experience owing to the use of illegal use of credentials.
Commercial banks need to notify their customers via the aid of social media as well as the conventional advertising mediums.
Banks should also coordinate with the law enforcing agencies for curbing such activities, recovery on any incurred losses and for arresting the involved criminals.