The country’s biggest banks have alerted their clients on various online banking scams that take advantage of the surge in digital transactions during the coronavirus disease 2019 (Covid-19) pandemic.
BDO Unibank Inc. (BDO) has advised its clients to be cautious of account-renting scams, in which scammers offer to borrow or rent bank accounts in exchange for a fee or commission. Account holders are being recruited to be a “money mule.”
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