VTB Bank has issued a warning to citizens in Russia regarding a novel fraudulent scheme. According to the bank, sophisticated scammers are now coercing individuals into depositing their cash savings into mailboxes under the false pretense of protecting their funds.
Operating much like previous scams, perpetrators impersonate bank employees or law enforcement officers. They create a sense of urgency and panic by convincing victims that their money is under threat and requires immediate safeguarding. Subsequently, victims are instructed to convert their savings into cash and place it into their personal mailbox or a designated correspondence box at a specific address provided by the fraudsters.
Once the money has been placed in the specified location, an accomplice working with the scammers quickly retrieves it.
Dmitry Revyakin, a Vice President at VTB, emphasized the critical point that the only truly secure place for an individual`s money is within the bank account they personally opened with their servicing bank.
