“How do I protect myself from scams?”

There are scammers out there who have tried to take advantage of the COVID-19 pandemic. Some pretended to sell masks and sanitisers and disappeared after collecting payment. Or they claimed to be officials from the Ministry of Health or gave fake information on payouts disbursed by the Government to trick you into handing over your personal banking details.

Ways to protect yourself

Criminals always come up with new ruses.

 

Remember these important tips:

 

  • Government officials or bank officers will never call you to ask you for your personal information, such as your bank account details. You do not have to pay a deposit or fee in order to get the benefits you are entitled to.

  • Never share your banking information, such as your User IDs, Personal Identification Numbers, and One-Time Passwords (OTPs) with anyone. Enable instant notification (SMS or email alerts) for all banking transactions. If you spot something amiss, call your bank immediately.

 

 

BACK TO "FINANCIAL RESILIENCE" HOME PAGE

OTHER ARTICLES IN OUR "FINANCIAL RESILIENCE" SERIES:

 

“My finances have taken a hit. How should I manage?”

 

“I want to know how to prioritise and manage my debt.”

 

“I have issues paying my mortgage.”

 

“I have problems paying my insurance premiums.”

 

“My income has been affected because of COVID-19. What financial support is there for me?”

 

“Where should I go to look for a job or upskill myself?”

 

“Should I invest now?”

 

 

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