Police have issued warnings about a new scam where criminals are impersonating representatives from major banks like Bank of America and Wells Fargo. Victims receive text messages suggesting account issues that prompt them to engage with the scammer, who appears knowledgeable about their banking details. This creates a false sense of trust, leading victims to withdraw cash and either deposit it into ATMs or buy gift cards for the scammers. In Maryland alone, victims lost a total of $95,000 in just one week. Police advise contacting banks directly rather than responding to suspicious messages.
Scammers pose as bank representatives, tricking victims into giving access to funds, displaying personal banking details to gain trust.
In one week, victims in Maryland lost $95,000 to a scam involving fake bank texts that directed them to withdraw cash.
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