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Posted: Monday 15 November, 2021 at 10:31 AM

Republic Bank warns of Whatsapp scam

By: Staff Reporter, SKNVibes

    BASSETERRE, St. Kitts -- OFFICIALS at Republic Bank are urging residents to be wary of a fraudulent scheme being perpetrated on Whatsapp using the company’s logo in a promotion currently circulating.


    The bank warned that the messages appear to be a Republic Bank promotion and when the links are accessed, users are re-directed to a separate website to answer and provide personal details and qualify for a chance to win a cash prizes.


    “Republic Bank Limited urges persons to refrain from clicking on any links, replying to messages or downloading any items surrounding this scam. Even if the link looks legitimate, we can confirm that it is a phishing link,” said Sherwin Forte, Manager Corporate Security. 


    The bank noted that the fraudsters have unauthorized use of the company’s logo and website.


    “These scammers are creating fictitious websites, deceiving customers and stealing their banking information. We would like to remind customers that the Bank and other reputable companies would never ask for sensitive and confidential information using this channel,” Forte added.


    The security managers reminded that  customers and the general public should visit the company’s website and social media pages to verify and authenticate any such cash promotions. 


    This is the second such issue being raised over fraudulent social media schemes. SKNVibes earlier this year reported on a scheme by fraudsters illegally using the name and logo of Samsung in their promotion. In that scheme fraudsters were asking for personal information, and whether the winners water their winnings to be delivered to their address or via their bank account.


    In order for the transaction to be completed, persons would incur a cost of not more than EC$700 to complete the transaction. 


    Meanwhile, Republic Bank is urging persons who would have clicked on the link to not answer any of the questions and if details have already been submitted, scan your phone for any malware using the following steps:


    For Android devices:


    1.   Go to the Google Play Store app.


    2.   Tap the menu button.


    3.   Next, tap on Play Protect.


    4.   Tap the scan button to force your Android device to check for malware.


    5.   If you see any harmful apps on your device, you will receive an option to remove it.




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