Major Chinese banks Agricultural Bank of China (ABC) and China Construction Bank (CCB) have issued statements refuting claims of high-interest deposit products offering rates as high as 5.25%. These false advertisements, circulating on third-party platforms and social media, were used by fraudsters to lure consumers into adding WeChat contacts, subsequently promoting overseas insurance and investment schemes for commission or outright scams. Both banks urge customers to be wary of unusually high promised returns and to only use official channels for banking information. AI
RANK_REASON The cluster discusses a financial scam and bank responses, not a core AI topic.
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