HCMC – As Vietnamese often go on a shopping spree during the Lunar New Year holiday, banking fraud is also on the rise.

Fraudsters often pose as representatives of well-known businesses such as banks and send their target victims text messages, deceiving them into clicking an attached link and revealing their personal or financial information.

Tien Phong Commercial Joint Stock Bank said there were cases of criminals pretending to be bank tellers and contacting their clients via social media platforms such as Zalo, Facebook and Instagram, luring them into using their loan services and disclosing their personal information.

Thus, the bank has warned its clients about the scheme, asking them not to reveal personal information and passwords to log in to banking services or an OTP to anyone.