Insurance Authority warns against fraudulent website

14 December 2023

The Insurance Authority (IA) today (14 December 2023) wishes to alert members of the public in Hong Kong to a fraudulent website with the domain name “https://weifangrbank.com/” containing false or misleading information about a company named “Weifang Rural Commercial Bank Co. Ltd”. The company is not and never has been an authorized insurer or a licensed insurance intermediary under the Insurance Ordinance (Cap. 41) to carry on insurance business or regulated activities in or from Hong Kong.

Anyone who has provided his/her personal information through the website concerned or otherwise to the company, or has conducted any insurance transactions through the website or otherwise with the company, should report the case to the Hong Kong Police Force.

Members of the public are reminded to verify the status of any entity making use of the internet to solicit insurance business from the public. The full lists of authorized insurers and insurance intermediaries in Hong Kong can be found on the Register of Insurers and Register of Licensed Insurance Intermediaries on the IA website respectively.

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