NDB warns of phishing scam

The New Development Bank (NDB) has warned the banking sector and the public of a fraudulent e-mail scam that requests money transfer requests in the name of the bank.

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In a statement issued by National Treasury on behalf of the NDB, the bank said it does not send out unsolicited e-mails or other messages asking people to open a personal bank account, transfer money or provide personal information.

“The NDB is not a commercial bank and does not provide financing or award money to natural persons, or ask for any favour from potential recipients of funding provided by the bank.

“Anyone who has provided personal information or conducted any transactions based on unauthorised e-mails should contact local law enforcement authorities,” read the statement.

The bank, said Treasury, has no involvement in such fraudulent schemes and cautions the public to be very wary of these and other similar solicitations that falsely claim to be affiliated with the NDB.

“The bank does not hold any responsibility with respect to any expense, loss, and/or damage of any kind, which might have occurred in connection with any fraudulent e-mail or other communication that the bank has not sanctioned,” the statement said.