ISLANDERS have lost around £180,000 in just four weeks following a surge in fraud and scams linked to Revolut accounts.
The States police said 75% of all scam crime reports recorded during the period had involved Revolut accounts and urged the public to remain vigilant.
Most cases followed a similar pattern, with victims receiving calls from fraudsters posing as representatives of the online-only bank’s fraud department, security team or support.
Callers claimed there had been a suspicious transaction or that the victim’s account was at risk of being compromised.
Victims were then persuaded to provide security information, transfer money, approve transactions or give the fraudsters access to their accounts.
Officers have also dealt with several cases in which customer accounts were compromised, leading to unauthorised access and financial losses.
Police warned Islanders never to share passwords, PINs, one-time passcodes or security verification codes, or approve transactions unless they were certain they were genuine.
Anyone receiving an unexpected call about their account should hang up and contact their bank directly using a trusted number from its official website or app.
Islanders were also advised to enable multi-factor authentication and regularly review their account security settings.
Anyone who believes they have been targeted should contact their bank immediately and report the incident to the States police as soon as possible.
