THE country’s biggest banks have alerted their clients against various online scams that take advantage of the surge in digital transactions during this Coronavirus disease 2019 (Covid-19) pandemic.

BDO Unibank Inc. (BDO) advised its clients to be cautious of account-renting scams where scammers are offering to borrow or rent bank accounts in exchange for a fee or commission. Account holders are being recruited to be a “money mule.”

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