Pensioner loses P30,000 to KYC phone scam

According to police, the incident occurred on Friday when the pensioner received a call from an individual claiming to be from Standard Chartered Bank. The caller allegedly informed him that his Know Your Customer (KYC) details had not been updated, prompting the unsuspecting man to share his banking information.

Whilst still on the call, the victim received a notification that P20,000 had been transferred from his account. Moments later, an additional P4,000 was withdrawn, leaving him alarmed and confused.