Banks warn of social media scams

The Bankers Association of Trinidad and Tobago (BATT) and its members are warning of an Instagram account sharing false information about a partnership with commercial banks in an attempt to solicit funds from unsuspecting people.

In a release, it said, "This is a scam and is not sanctioned by or affiliated with BATT or any of its member banks. If you have seen any of these posts, please ignore them. This is a fraudulent ad and neither BATT nor its member banks have given any approval to anyone to act on our behalf with respect to any proposed investment scheme."

BATT also asked these various entities and people to stop putting BATT and its member banks’ logos on their ads.