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Scam Alert: Bank fraud text scams


FILE - man holding a cell phone saying SCAM (Photo Credit: Getty Images)
FILE - man holding a cell phone saying SCAM (Photo Credit: Getty Images)
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A Nebraska resident recently lost hundreds of dollars because of a bank fraud text scam.

Josh Planos with the Better Business Bureau has more on how to spot these fraudsters.

Scammers will send a text to someone and impersonate a bank. The message will look like a fraud alert, and the victim will be asked to respond YES or NO to dispute a charge. Once someone responds, the scammer knows they have an active user to target and ultimately ask for a form of payment to rectify a situation.

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Tips to avoid:

  • Understand your bank’s policies
  • Contact your bank if you suspect a scam
  • Don’t reply to suspicious texts
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