The website, scotiamobilesite.com, is a fake and phishing Scotiabank website. The fake website has been created by cybercriminals to trick their potential victims into visiting it. Once on the website, visitors will be asked to sign-in because their account has been blocked or locked, which is not true. If the visitors attempt to sign-in, their Scotiabank credentials (username and password) will be sent to the cybercriminals behind the fake website.
scotiamobilesite.com - the Fake Scotiabank Website

Once the cybercriminals have gotten the stolen credendials, they will use it to gain access to their potential victims' Scotiabank accounts and use the accounts fraudulently.
Online users who have been tricked into visiting the fake website are asked to change their passwords and contact Scotiabank for help.