The Bank Central Asia (BCA) has responded to claims that its accounts were exploited as part of a cryptocurrency scam targeting investors.

This particular scam used social media to make contact with potential investors and then used BCA accounts to take payment, according to a report in local media outlet Tempo.co.

One victim, a 63-year-old, said that she invested about $20,000 (Rp330 million) from her and her husband’s retirement savings.

Hera F. Haryn, BCA’s EVP of Corporate Communication & Social Responsibility, at the bank said, told Tempo: “BCA consistently backs law enforcement initiatives and remains open to coordinating with relevant authorities.”

She added: “We encourage customers to remain cautious of various fraudulent tactics…