Photo used for illustrative purposes.
In the statement, the Central Bank said, "Fraudsters always look for opportunities to target consumers, and as the public is engaged with coronavirus pandemic news; fraudsters are using different tactics to increase fraudulent activities on banking customers."
CBUAE cautioned consumers saying that it would never ask consumers about private information — such as personal and bank account information. It warned consumers to be alert and aware of malicious phone calls and WhatsApp messages claiming to be from CBUAE. It added that such calls and messages are of a fraudulent nature.
"We also alert the public to avoid responding to such calls, messages, and opening any hyperlink that may be attached, which may provide exposure to a malicious website and inform authorities immediately," it added.
The public should be aware that CBUAE never conducts phone calls - unless a consumer complaint has been logged through the right channels with a reference number - or uses social media to contact individuals or businesses.
Any suspected fraudulent phone call should be reported to the respective authorities, the Central Bank advised, adding that it is closely working with concerned authorities to halt such fraudulent activities.
With more than 35 years of experience in the banking and financial services, Saeed held key positions as a board member of the First Abu Dhabi Bank, the Abu Dhabi Developmental Holding Company, the Emirates Investment Authority, the Abu Dhabi Securities Exchange and Sky News Arabia.
A company owner was defrauded after he received a cheque which was supposed to help him clear his debts, but he found the cheque was worth Dhs350, instead of Dhs350,000.
Defendants faced charges of forming and forging documents to embezzle $1.7 million or Dhs6.2 million from bank accounts belonging to a businesswoman, who was a customer of a UAE bank.
Expatriates living in the UAE were elated as their family members, colleagues, friends stuck in other countries are now able to return as the UAE has lifted restriction on incoming flights from Monday onwards.
The Committee explained that the new guidelines take into account the exceptional situations of some categories of people including people of determination, children, and those with chronic respiratory conditions.
The UAE will today (Monday) start receiving residents with valid residence visas, who were stranded abroad due to coronavirus pandemic from various countries.