The World Bank has issued a warning to the public in Bangladesh about fraudulent activities using its name and logo. According to a press release issued on Thursday, scammers are falsely claiming to offer loans from the World Bank in exchange for fees. The organization clarified that it does not provide loans directly to individuals and never requests personal financial information.

The statement explained that fraudsters have created fake Facebook pages, false identities, and other schemes to deceive people and collect money through mobile banking. The World Bank urged anyone encountering such fraudulent activities to immediately contact local authorities. It also emphasized that it has no involvement with any such projects or loan offers made in its name.

The warning aims to raise public awareness and prevent further financial losses caused by these scams, which have recently surfaced in Bangladesh.