Bermuda Police and Bankers Association Warn Public About Online Scams
1 report, 1 independent
Updated Mon 00:00
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What happened
Police in Bermuda confirmed that the public has lost more than $10 million to online scams this year. The Bermuda Police Service partnered with the Bermuda Bankers Association to issue public warnings about the fraud. In the past two weeks alone, seven local businesses were defrauded of over $1.8 million.
From royalgazette.com
Why it matters
The police noted that the scams are widespread across the community, affecting a cross-section of the population. While much of the fraud originates overseas, the financial losses are impacting individuals and businesses within Bermuda.
From royalgazette.com
Who's involved
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The entities involved
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Bermuda
British overseas territory in the North Atlantic Ocean
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