Issue Date: 2nd April 2022
NEVER hand over your Bank Card to a 3rd party and NEVER give away your PIN number, ONE TIME codes, or online banking details/passwords.
The Garda National Economic Crime Bureau wishes to warn the public about a fraud ring targeting bank accounts, using third parties to enable the fraud.
The fraud occurs when Fraudsters send out SMS/Texts with a link to what appears to be a genuine bank website. The SMS/Text will appear to be from a bank and the initials of the bank will be included in the link to make it appear genuine.
The victim clicks on the link, enter their personal details including their phone number, and then log in to their account. The fraudster monitors the log in, and recover the personal details, the log in number and password/code.
They then call the victim, pretending to be from the fraud department of the bank and convince the victim that their account is compromised and that their bank card is required by the bank for ‘forensic testing’ or some other reason. They tell the victim that the bank will send out a 3rd party to collect the card. The victim is advised to put the card in an envelope and write the pin number on the outside.
They must then hand it to the 3rd party on arrival. The fraudster will frequently be on the phone to the victim as the 3rd party arrives to encourage the handover of the envelope. The innocent third party may have also been contacted via an app or other social media to collect the envelope from the victim and to deliver it to an agreed location, usually near a bank. They will be met by a person on foot who will take possession of the card
The card is then used to withdraw cash and to transfer funds out of the victims account.
This fraud has resulted in the theft of very significant sums of money from victim bank accounts.
Advice
- Never CLICK on links in an unsolicited text message.
- Never give away your PIN number or ONE TIME codes, or online banking details/passwords.Your bank will NEVER ask for these details
- NEVER act on advice or instruction received from during an unsolicited call
- NEVER download an APP on the instruction from an unsolicited call
- NEVER hand over your Bank Card to a 3rd party
