A CASETRUST certificate has been misused in an online scam, said
the Consumers Association of Singapore (Case) on Thursday.
The scam involved a hoax email sent to recipients informing them
that they have received an inheritance.
The sender, who portrayed themselves as a representative for the
World Bank, told recipients that in order to receive the money,
they had to transfer money to a designated bank account before
gaining access to their 'inheritance'.
Recipients would then receive the CaseTrust certificate to prove
the authenticity of the exchange.
In a statement, Case said it does not engage in such
transactions with The World Bank.
The CaseTrust certificates are issued only to CaseTrust
accredited companies, not to individuals. Case has made a a police
report.
A list of CaseTrust accredited companies are available on Case's
official website at www.casetrust.org.sg.
-- ST