Santo Domingo.- The Central Bank alerted that “unscrupulous” persons are swindling foreigners, especially Europeans, by undertaking fraudulent real estate and shared vacation plans transactions, using the official Central Bank (Bancentral) and Finance Ministry logos, as well as falsifying official signatures. 

“These transactions are done utilizing false real estate and legal firms, by identifying on the Internet individuals interested in selling property and shared vacation options,” according to the Central Bank. 

“Swindlers demand from property owners to furnish personal data and money through Dominican commercial banks or remittance companies, for ‘tax payments’,” stated the Bank. 

“We caution all to be alert when undertaking any transaction that may involve remittance of money or the use of credit cards, with individuals using the Central Bank of the Dominican Republic or any other State entity,” warned the Bancentral.