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Ecobank gives tips on how to beat, stop scammers

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Leading Pan African financial giant, Ecobank has again, released strong tips on how best to avoid being scammed by fraudsters. In an email sent to its customers, the bank said “It may be the festive season, but that won’t stop scammers from defrauding people. Avoid being a victim this festive season by doing the following:

Watch out for purchase scams: If a deal looks too good to be true, it usually is. Fraudsters trick people into paying for goods and services that don’t exist, often advertised via auction sites or social media platforms with images taken from legitimate websites. Do not fall for them.

Do not share any personal or secure information on websites you’re not sure about. If anyone ever asks for your Ecobank login details, passcodes, remote access to your device, or asks you to move money from your account, do not do it.

Do not respond to requests for personal banking information.

Never give out your account numbers, OTPs, your PIN or passwords to anyone -regardless of how legitimate they may seem. Remember, Ecobank will never ask you for such information via email, phone or social media.

Beware of advance fee fraud – have you ever received an email from a stranger asking for financial help? In return, you’re promised a large sum of money. They ask you to hand over your bank details and pay an ‘advance fee’ to complete the deal. It’s a scam – do not fall for it!

The bank therefore advised its customers to always stay safe this holiday season and please always report any suspicious activity.

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