Online bank fraud warning issued in UAE

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Abu Dhabi - Central Bank urged public to report such scams.

By Web Report

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Published: Thu 19 Dec 2019, 6:11 PM

Last updated: Thu 19 Dec 2019, 8:21 PM

The Central Bank of the UAE (CBUAE) has warned against fraudulent activities that could steal residents' money.
In a press statement issued on Thursday, CBUAE said that it never asks consumers about financial information.
"CBUAE warns the public to be aware of malicious phone calls and WhatsApp messages claiming to be from CBUAE, which are of fraudulent nature."
The authority alerted the public to avoid responding to such calls, messages, and opening any hyperlink that may be attached, which may expose them to a malicious website, and instead inform authorities immediately.
The statement added that such fraudulent activities has increased lately, and scammers were even using the name of the Central Bank to obtain personal and bank account information.
The Central Bank of the UAE reminded consumers of the importance of protecting their bank account information and credit/debit cards from fraud and unauthorized use.
The public should be aware that CBUAE never conducts phone calls (unless a consumer complaint has been logged through the right channels with a reference number) or uses social media to contact individuals or businesses.
Any suspected fraud phone call should be reported to the respective authorities.

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