Fraudsters always look for opportunities to target consumers and as public is engaged with Covid-19 (Coronavirus) pandemic news; fraudsters are using different tactics to increase fraudulent activities on banking customers.

We at Central Bank of the UAE (CBUAE) confirm that we never ask consumers about private information such as personal and bank account information, and warn consumers to be alert and aware of malicious Phone calls and WhatsApp messages claiming to be from CBUAE, which are of a fraudulent nature.

 We also alert the public to avoid responding to such calls, messages, and opening any hyperlink that may be attached, which may provide exposure to a malicious website and inform authorities immediately.

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. The Central Bank is closely working with concerned authorities to halt such fraudulent activities.

-Ends-

© Press Release 2020

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.