This alert may not be shared outside your organization, Do Not Repost or send, place on other websites, List servers, or send to others via email, including other associations or parties.  Members and Law enforcement use only. Contact us for any permissions.  To do otherwise will result in the loss of membership.

Complete Story
 

10/28/2019

Quickly-growing phone scam targets bank customers via text message

CBS This Morning

A quickly-growing phone scam targets banking customers via text message, pretending to be with a bank's fraud department and asking about fake "suspicious withdrawals."

While precautionary measures like text message verification are used to safeguard sensitive accounts from being hacked, one man told "CBS This Morning" that scammers subverted that process, tricking him into believing their scheme in part by using his bank's actual phone number to text him.

Everything seemed legitimate when Pieter Gunst answered a call earlier this month that appeared to come from his bank. "A lady identified herself as Cindy at my particular bank, and told me there had been a fraud attempt on my account," he said.

The caller asked Gunst, who lives in California, if he'd attempted a withdrawal in Miami. After Gunst said "No," she asked for his bank member identification, and he gave it to her.

Read more...

Printer-Friendly Version


Resources

Alerts

The FRPA alert system distinguishes us from other groups by gathering and providing information to law enforcement, retailers AND financial institutions.

more information
Resources

Resources

Your electronic library to help in fighting financial fraud for all of our partners.

more information