Don't be tempted by quick money. Don't sell your account.

Dear Valued Customer,

DBS Bank (Hong Kong) Limited (the “Bank”) would like to remind customers “Don't be tempted by quick money. Don't sell your account.”. To protect your own interests, please read the following information:

Through telemarketing or social media platforms, criminal syndicates would offer the benefit of making quick money and lure the public into selling or lending their bank accounts, or use their personal credentials to open accounts. The syndicate will then use these “stooge accounts” to receive/launder fraudulent payments or other crime proceeds. Customers are advised not to sell or lend their bank accounts to others as these might be abused for unlawful purpose and customers may expose themselves to the risk of committing money laundering offences of which the maximum penalty is imprisonment for 14 years and a fine of HKD 5 million.

For more information, please visit the Facebook and Instagram message of the HKMA posted on 25 July 2022 and click here for the publicity materials from the Authority.

DBS Bank (Hong Kong) Limited 

10 August 2022


 

Internet Investment Fraud

Dear Valued Customer,

DBS Bank (Hong Kong) Limited (the “Bank”) would like to remind customers on the Internet Investment Fraud trend and their tactics. To protect your own interests, please refer to the following information:

For more information on the modus operandi, please click here (Chinese version only) or visit https://cyberdefender.hk/en-us/investment_fraud/ for the publicity materials from the Anti-Deception Coordination Centre (“ADCC”).

DBS Bank (Hong Kong) Limited 

10 August 2022


 

Dear Valued Customer,

DBS Bank (Hong Kong) Limited (the “Bank”) would like to remind customers on “Anti-Telephone Deception”. To protect your own interests, please read the following information:













For more information, please visit to following webpage (Chinese version only) for the publicity materials from the Anti-Deception Coordination Centre.

https://www.adcc.gov.hk/en-hk/video-detail/video-1444920533647949825.html

https://www.adcc.gov.hk/en-hk/video-detail/video-1444920533668921346.html

https://www.adcc.gov.hk/en-hk/video-detail/video-1444920533907996674.html

DBS Bank (Hong Kong) Limited 

18 January 2022


 

Dear Valued Customer,

DBS Bank (Hong Kong) Limited (the “Bank”) would like to remind customers “Don’t Lend/ Sell Your Account. Beware of money laundering traps.”. To protect your own interests, please read the following information:

Through telemarketing or social media platforms, criminal syndicates would offer the benefit of making quick money and lure the public into selling or lending their bank accounts, or use their personal credentials to open accounts. The syndicate will then use these “stooge accounts” to receive/launder fraudulent payments or other crime proceeds.

Customers are advised not to sell or lend their bank accounts to others as these might be abused for unlawful purpose and customers may expose themselves to the risk of committing  money laundering offences of which the maximum penalty is imprisonment for 14 years and a fine of HKD 5 million.

For more information, please press here (Chinese version only) to read the Facebook message of the Hong Kong Monetary Authority posted on 15 Dec 2021 and press here for the publicity materials from the Hong Kong Monetary Authority.





DBS Bank (Hong Kong) Limited 

3 January 2022


 

 

Dear Valued Customer,

DBS Bank (Hong Kong) Limited (the “Bank”) would like to remind customers “Don't be tempted by quick money. Don't lend your bank account to anyone to launder money.”. To protect your own interests, please read the following information:

Through telemarketing or social media platforms, criminal syndicates would offer the benefit of making quick money and lure the public into selling or lending their bank accounts, or use their personal credentials to open bank accounts. The syndicate will then use these “stooge accounts” to receive and launder fraudulent payments or other crime proceeds.

Customers are advised not to sell or lend their bank accounts/ personal credential to others as these might be abused for unlawful purpose. Otherwise, customers may expose themselves to the risk of committing the offence of money laundering of which the maximum penalty is a fine of HKD 5 million and imprisonment for 14 years.

For more information, please press here (Chinese version only) to read the Facebook message of the Hong Kong Monetary Authority posted on 13 Aug 2021.

DBS Bank (Hong Kong) Limited 

13 December 2021