From RCIPS

The RCIPS continues to receive multiple reports from local banking customers being approached by scammers.  The following is a supplement to yesterdays press release. 

UPDATE: Reports of Scammers Targeting Local Banking Customers Continue, 29 August

RCIPS continues to receive multiple reports of scammers calling local banking customers claiming to be from a variety of organisations including, banks, credit card and money transfer companies, and most recently, RCIPS.

The RCIPS Financial Crime Unit is seeing an escalation in reports of scams at present, and advises the community that there appears to be focused effort from foreign actors to target Cayman.  Its important local banking customers are on their guard and don’t fall victim. 

RCIPS reminds the community to be alert to the various ways scammers may make an approach.  If any organization makes contact via email or phone requesting your personal details, probe further with questions, or tell the caller that you will check with the organization in question directly before proceeding.

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From: RCIPS PR 
Sent: Wednesday, August 28, 2024 4:03 PM
To: RCIPS PR <[email protected]>
Subject: Public Advisory Update: Local Banking Customers Targeted by Fraudulent Email Purporting to be from the RCIPS, 28 August

Dear Media Partners,

Please see the press release captioned Public Advisory Update: Local Banking Customers Targeted by Fraudulent Email Purporting to be from the RCIPS, 28 August for your attention. This press release can also be viewed at: https://www.rcips.ky/public-advisory-phone-scam-targeting-local-banking-customers

Public Advisory Update: Local Banking Customers Targeted by Fraudulent Email Purporting to be from the RCIPS, 28 August

The RCIPS continues to receive reports from local banking customers who have received communication from scammers claiming to be conducting financial or fraud investigations. The goal of these scammers is persuading the customer to click on a link which will then give them access to the customer’s computer.

The scammers may initiate contact via phone or by email. Recently the RCIPS has received several reports of persons receiving emails which claim to be from the RCIPS, investigating complaints against the individual regarding previous transactions. A link is then provided where persons can view the details of the report. However, this link is fraudulent as described previously. Attached is a sample of one such email.

In the most recent reports where contact has been made via phone, the calls appear to be made from local Cayman phone numbers. However, these calls likely originate from overseas with local phone numbers being spoofed. The person making the call will then claim to be from a ‘Fraud Unit,’ usually of a local bank, and send a phishing link to be clicked, or request the victim to conduct some sort of transaction. Victims have reported the caller to be an Indian male. 

Persons are advised to be wary of any emails purporting to be from the RCIPS, and to avoid clicking links in unsolicited emails. The official domain of the RCIPS is “rcips.ky” and not “rcips.com.” If an email is being sent from the latter domain, it is very likely to be fraudulent. If in doubt about any correspondence claiming to be from the RCIPS, it is best to contact the RCIPS Financial Crime Investigation Unit at [email protected].

Any person who has clicked such a link is advised to conduct a thorough evaluation of their PC using a reputable anti-virus software, or to have it analyzed by a computer technician. If you believe your accounts have been compromised, contact your bank immediately.