Reports of Scammers targeting local Banking Customers continue

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.