Bermuda Police Service called for residents to remain vigilant after reports of people being targeted by fraudulent activity.

The banking scam entails individuals posing as representatives of banks contacting customers and falsely claiming that fraudulent activity has been detected on their accounts.

The fraudsters then request login credentials to correct the problem. However, once they gain access to the accounts, they quickly transfer the funds in those accounts to overseas locations.

A police spokesman said: “The BPS once again urges residents to remain vigilant and note the following to protect against falling victim to these types of scams.

“Bank representatives will never ask you over the phone for your personal account login credentials.

“If you are uncertain about the legitimacy of a call, hang up immediately and contact your bank directly by phone or in person.

“Do not download or install any third-party software at the request of someone claiming to be a bank representative.

“If you receive an e-mail claiming to be from your bank, you should check the e-mail header to see if it matches the details of legitimate e-mails you've received from your bank before.

“Please have this discussion with any seniors you are related to or are friendly with, as they are often particularly targeted by these criminals.”