OCBC Bank scams
Recently OCBC Bank issued an urgent warning about phishing scams attempting to impersonate the bank. These phishing scams impersonate the OCBC SMS service making it convincing that the sender scammer appears to be the same as the actual OCBC SMS notifications.
Personally I have received such a.

. In a news release. SINGAPORE Jan 17 Reuters - Singapores central bank said on Monday it will consider supervisory action against the countrys second-biggest lender Oversea-Chinese Banking Corp OCBC after hundreds of its customers were hit by a phishing scam last month. SINGAPORE Since the start of December at least 469 people have fallen prey to phishing scams involving OCBC Bank with reported losses totalling at least S85 million.
At least S85 million were lost in phishing scams involving SMSes impersonating OCBC Bank in December said the Singapore Police Force SPF on Thursday Dec 30. Reported losses from the scam amounted to at least S85 million 631 million in December. SINGAPORE - OCBC Bank customers who were scammed have felt great pain with some losing life savings that they had built up for their children and families painstakingly over the years.
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SINGAPORE - OCBC Bank will be conducting a thorough probe to identify the deficiencies in its processes and implement the necessary measures to address them after a spate of SMS phishing scams. SINGAPORE OCBC Bank on Thursday Dec 23 warned that there has been a sharp rise in the number of SMS phishing scams impersonating it with 26 customers losing a total of S140000 to these scams in 10 days from Dec 8. Read more at The Business Times.
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