The Hong Kong Monetary Authority is warning the investing public to be wary of a press release purporting to come from DBS Bank (Hong Kong) - which has a substantial wealth management arm - on a fraudulent website.

The phishing website features the bank’s logo and the false URL is Hxxp://dbs-grzxlc[.]com/wap/auth/login

Any HNWI who has provided his or her personal information to the website or has conducted any financial transactions through the website ought to contact the bank.

Anyone who wants a dedicated RM and priority banking at more than 200 branches in more than 50 cities all over the world has to have HK$1 million (US$127,990) in investable assets. Anyone who wants access to the actual private bank and bank airport lounge has to have HK$8 million (US$1 million). Anyone who wants privileged access to consumer, investment and corporate banking and consultations with teams of experts needs HK$25 million (US$3.2 million).