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.