Bank scams are getting more complex and infinitely more believable, thanks to the usage of AI-enhanced voice tools employed by tech-savvy scammers. According to a recent report from CBS News, scammers ...
Bank scammers have learned that the fastest way into your account is not through malware or data breaches but through your phone, by convincing you to move the money yourself. The single most ...
If you get an unsolicited call or email urging you to move your savings to a different account in order to "protect" it, don't. This is a form of impersonation scam—preying on fear—that has you hand ...
Losing your life savings to fraud is not a distant fear; it is a real and growing risk. Scams involving criminals pretending to be bank representatives have surged, with the Federal Trade Commission ...
(KTLA) – According to the FBI, about $2 billion is lost annually to wire-transfer fraud. Some cases involve newfangled payment apps, such as Zelle, while others rely on traditional fund transfers from ...
CONCORD, Calif. -- The imposters struck just as nurse Page Pollack was running to catch a flight. At the airport she got a text saying, "Bank of America fraud alert. Did you just attempt a Zelle ...
Wire transfers using your bank or wire services, like Western Union, PayPal, and Wise, are fast, final, and widely trusted – which is exactly why scammers love them. Over the past few years, I’ve seen ...
One unmistakable insight is that remote (online) transactions are the epicenter of payment fraud. The report shows that across cards, credit transfers, and e-money, the vast majority of fraudulent ...
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