A Guernsey resident was defrauded out of £33,000 after responding to a text message, which appeared to be from the bank.
The victim called the number shown in the 'Smishing' text. The fraudsters then siphoned off £33,000 of savings under the pretence of helping safeguard the money.
'Smishing' or SMS Phishing, is a new type of scam where fraudsters send a text message to a mobile phone. The messages usually ask people to click on a link or call a telephone number. The victim will then be asked to release personal information to criminals, who are masquerading as a bank or perhaps an online shop.
Whilst many will be used to recognizing email-based 'phishing' scams, the text-based 'phishing' is less well-known and may not be detected as easily.
Detective Sergeant Nigel Henaghen advised people to be exercise caution with messages from banks asking to deal with an account problem.