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Fraud alert text appearing to be from your bank will get your attention, but it could be a scam

Fraud alert text appearing to be from your bank will get your attention, but it could be a scam
INVESTIGATOR. BRIAN ROCHE SAYS MORE SO YOU A TEXT MESSAGE THAT LOOKS LIKE A FRAUD ALERT YOUR BANK. IT CLAIMS THERE’S SOME UNUSUAL ACTIVITY IN YOUR ACCOUNT. A MESSAGE LIKE THIS SENT TO ME BY A VIEWER. IT CLAIMS BE FROM MY BANK CLAIMING A HOLD HAS PLACED ON THE PERSON’S ACCOUNT BECAUSE OF AN INCREASE IN RECENT ACTIVITY. FIRST OF ALL, IF YOU REPLY TO THIS TEXT, THE SCAMMER NOW KNOWS THEY HAVE AN ACTIVE NUMBER AND A PERSON TO SCAM ON THE OTHER END. THEN THERE’S THE LINK IN THE MESSAGE. IF YOU CLICK ON THAT LINK, IT COULD COMPROMISE YOUR PHONE. SOME OF THESE MESSAGES TELL YOU TO CALL A PHONE NUMBER AND IF YOU DO, THE PERSON ON THE OTHER END CLAIMS TO BE BANK REPRESENTATIVE WHO CLAIMS THEY CAN STOP THE FRAUDULENT CHARGES AND THEN THEY MAY WALK YOU THROUGH AN ELABORATE SCHEME, A MONEY TRANSFER SCHEME THAT COULD COST YOU THOUSANDS. SO KEEP THESE TIPS MIND TO AVOID THESE KIND OF TEXT MESSAGE. UNDERSTAND YOUR BANK’S POLICIES, KNOW THAT YOUR BANK WILL NEVER ASK YOU TO SEND MONEY TO YOURSELF IF SOMEONE TRIES TO CONVINCE YOU OTHERWISE. THAT’S A SCAM, FOLKS. WATCH OUT FAKE CALLER IDS. SCAMMERS CAN EASILY SPOOF CALLER ID NAMES AND TO MAKE YOU THINK THAT YOU’RE GETTING A CALL FROM A REPUTABLE SOURCE LIKE BANK. AND IF YOU DO RECEIVE AN UNSOLICITED CALL, TEXT OR EMAIL THAT USES SUSPECT, JUST SUSPECT IS A SCAM. CONTACT YOUR BANK IMMEDIATELY. LET THEM KNOW ABOUT THIS. ALL THESE TIPS WILL HELP YOU KEEP YOUR MONEY IN YOUR OWN
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Fraud alert text appearing to be from your bank will get your attention, but it could be a scam
One of a scammer's favorite tactics is impersonating a person or organization you know and trust. Keep that in mind the next time you get a text message that appears to be a fraud alert coming from your bank.A viewer received a message that seemed to be from M&T Bank, claiming a hold had been placed on their account because of an increase in recent activity.If you reply to the text, the scammer knows it's an active number and there's a person to scam.Then there's the link that's included in the message. Clicking it could compromise your phone.Some of these messages tell you to call a phone number. If you do, the person on the other end claims to be a bank representative who can help stop the fraudulent charges. Then they may walk you through an elaborate money transfer scheme that could cost you thousands.Protect yourselfThese tips can help you keep your money in your pocket:Understand your bank's policies. Know that your bank will never ask you to send money to yourself. If someone tries to convince you otherwise, it's a scam.Watch out for fake caller IDs. Scammers can spoof caller ID names and numbers to make you think you are receiving a call from a reputable source.If you receive an unsolicited call, text or email that you suspect is a scam, contact your bank immediately.

One of a scammer's favorite tactics is impersonating a person or organization you know and trust.

Keep that in mind the next time you get a text message that appears to be a fraud alert coming from your bank.

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A viewer received a message that seemed to be from M&T Bank, claiming a hold had been placed on their account because of an increase in recent activity.

If you reply to the text, the scammer knows it's an active number and there's a person to scam.

Then there's the link that's included in the message. Clicking it could compromise your phone.

Some of these messages tell you to call a phone number. If you do, the person on the other end claims to be a bank representative who can help stop the fraudulent charges. Then they may walk you through an elaborate money transfer scheme that could cost you thousands.

Protect yourself

These tips can help you keep your money in your pocket:

  • Understand your bank's policies. Know that your bank will never ask you to send money to yourself. If someone tries to convince you otherwise, it's a scam.
  • Watch out for fake caller IDs. Scammers can spoof caller ID names and numbers to make you think you are receiving a call from a reputable source.
  • If you receive an unsolicited call, text or email that you suspect is a scam, contact your bank immediately.