US banks warn customers to be alert against imitators who seek digital access codes


Banks are warning customers about a scheme involving Zelle digital payments and people posing as bank representatives. — Dreamstime/TNS

Margie Morgan was recently scammed out of US$2,000 (RM8,405) in a scheme involving Zelle digital payments and a woman who posed as a representative of Wells Fargo.

Morgan, a food entrepreneur in Edina, Minnesota, fell victim to the scam because it was a new form of phishing, the practice of sending fraudulent communications that look real. It began as a text message to Morgan’s phone that appeared to be from Wells Fargo, but ultimately wasn’t.

Get 30% off with our ads free Premium Plan

Monthly Plan

RM9.73/month

Annual Plan

RM8.63/month

Billed as RM103.60/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Meta plans launch of new AI language model Llama 3 in July, The Information reports
European Parliament bans Amazon lobbyists
Google hit with $2.3 billion lawsuit by Axel Springer, other media groups
Factbox - Reliance, Disney to dominate Indian entertainment with streaming, TV assets
Reliance, Disney to merge India media assets to create $8.5 billion powerhouse
France had no prior knowledge of Microsoft's Mistral AI deal, official says
EU lawmakers back draft rules on patents key to telecoms equipment, connected cars
Bumble falls as CEO signals need for app revamp after poor earnings
Cognizant asks India employees to work from office thrice a week, internal memo shows
ASML reaches 'first light' milestone on first High NA EUV tool

Others Also Read