Website Alert – Fraudulent website related to Bank Julius Baer & Co. Ltd.

The Hong Kong Monetary Authority (HKMA) has issued a public alert regarding a fraudulent website associated with Bank Julius Baer & Co. Ltd. The HKMA has made this information available through a press release published on its website. This action demonstrates the HKMA’s regulatory role in identifying potential threats to the public and taking proactive measures to inform and protect consumers. Additionally, the HKMA has provided important reminders about common tactics used by fraudsters, such as sending SMS or emails with embedded links directing people to banks’ websites. The HKMA emphasizes that legitimate banks will not request sensitive personal information, such as login passwords or One-Time Passwords, through these channels. The HKMA’s guidance encourages anyone who may have provided personal information or conducted transactions through the fraudulent website to contact the bank and report the matter to the Hong Kong Police Force, underscoring the HKMA’s regulatory approach to addressing this issue and assisting affected individuals. Resources: https://www.hkma.gov.hk/eng/news-and-media/press-releases/2024/05/20240522-4/