Tag: Fraud watch

Don’t Fall for the “Safe Account” Scam: Banks Don’t Ask You to Move Your Money It starts with a text or a phone call. Someone claiming to be from your bank tells you that your account has been compromised. The fix? Move your money to a “safe account” that only they can access—for your protection. But here's...

Blog post, Fraud watch

Handling Texts About Locked Accounts or Unauthorized Charges: Steps to Take Receiving a text message claiming your bank account is locked or that there are unauthorized charges can be alarming. Scammers use this fear to manipulate individuals into revealing personal information or making hasty decisions.  What to Do If You Receive Such...

Blog post, Fraud watch

Banks Will Never Ask for Your PIN or Password via TextProtecting Your Personal Information Scammers often pose as legitimate financial institutions to trick individuals into revealing sensitive data. One common tactic is sending text messages that appear to be from your bank, requesting your PIN, password, or other confidential details.​ Understanding...

Blog post, Fraud watch

Recognizing and Avoiding Text Scams: When Scammers Pose as Your Bank Scammers have become increasingly sophisticated, often impersonating banks to deceive individuals into providing personal information or transferring funds. Understanding their tactics can help you stay protected.​ Common Characteristics of Bank Impersonation Scams Urgent...

Blog post, Fraud watch