See more as EFCC alerts Nigerians on bank fraud as Zenith, UBA, Access tell customers to protect accounts"

• The EFCC has alerted Nigerians to the rising cases of slope fraud and has urged the nationalist to beryllium much cautious and watchful for informing signs
• The anti-graft bureau identified communal types of fraud wrong the banking system, urging Nigerians to stay vigilant
• Nigerian banks, including UBA, Access, and Zenith, proceed to nonstop messages to their customers connected steps to debar falling victim

Legit.ng writer Dave Ibemere has implicit a decennary of business journalism acquisition with in-depth cognition of the Nigerian economy, stocks, and wide marketplace trends.

The Economic and Financial Crimes Commission (EFCC) has issued different informing to the public, calling for vigilance and caution successful safeguarding idiosyncratic and concern slope accounts.

EFCC wants Nigerians to beryllium much vigilant with their slope accounts Photo credit: efcc
Source: Facebook

The message to the nationalist is portion of EFCC's bid to combat rising incidents of slope fraud crossed Nigeria.

During a caller occurrence of #EFCCCONNECT (Episode 145), the committee highlighted assorted forms of slope fraud that person been progressively reported:

Accounting fraud: This involves misrepresenting a bank's fiscal presumption done manipulation oregon misappropriation of funds.

Forgery & altered cheques: Fraudsters change oregon forge checks to summation unauthorised entree to funds.

Fraudulent indebtedness applications: Individuals taxable mendacious accusation to get loans they aren't eligible for.

Identity theft/impersonation: Hackers gain entree to idiosyncratic accusation to exploit slope accounts

Money laundering: Concealing the root of illegally obtained wealth done assorted means.

Nigerian banks counsel customers against sharing delicate banking information Photo credit: Bloomberg/contributor
Source: UGC

Alerts from Leading Banks

In effect to these threats, large banks specified arsenic Zenith Bank, United Bank for Africa (UBA), and Access Bank person urged their customers to stay vigilant and proactive:

UBA

The slope advised customers to study immoderate suspicious enactment promptly by calling dedicated exigency lines oregon sending an email to guarantee swift intervention.

UBA: Email [email protected] oregon telephone +2347002255822, +2348002255822

Access Bank

Addressing the increasing menace of vishing (voice phishing), Access Bank warned customers against divulging idiosyncratic accusation implicit the phone.

The slope urged customers to verify the authenticity of callers and ne'er stock delicate details similar paper numbers oregon passwords.

Message reads:

"Beware of unsolicited telephone calls; ever verify the caller’s individuality by visiting the organisation’s authoritative website and contacting them directly. Do not presume a caller is genuine simply due to the fact that they person your idiosyncratic information, arsenic fraudsters tin get specified details from sources similar societal media. "Never stock your 16-digit paper number, password, PIN, CVV, BVN, oregon OTP with anyone, arsenic Access Bank volition NEVER inquire for specified information. Report immoderate suspicious calls instantly by calling 07003000000 oregon emailing [email protected]."

Similar, Zenith Bank besides reminded its customers connected th request for caution, urging customers to study immoderate suspected fraud immediately.

Bank customers overdraw $7.7 million

Earlier, Legit.ng reported that a Kenyan slope mislaid astir $7.7 cardinal owed to strategy glitches during a migration.

During a captious strategy upgrade, customers withdrew $7.7 million, oregon astir N12.9 billion, from October 11 to 31, 2024.

The slope reportedly restricted accounts for customers who overdrew their balances and notified them of the development.

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Source: Legit.ng