Next, report your suspicious text message to both your bank and the FTC. If you didn't take any action on the text message, email it to your bank (see addresses below) or call them with the ...

Bank impersonation resulted in $330 million in reported consumer losses in 2022, the FTC said in a new report released on Thursday. That's double the successful theft from these type of texts in 2021.

Scammers are wiping out bank accounts of unsuspecting consumers across the country. They are doing it by convincing people that they're with their bank. It all starts with a text from what appears ...

Some call it the most dangerous bank scam ever: A text or phone call from your bank stating your account has been locked for fraud. That's scary enough. But if you fall for this slick scam, it's ...

A five-word text message is posing a threat to empty bank accounts, with warnings circulating about a free hamper scam sweeping across the UK. A text offering a "Free hamper - just pay P&P" is ...

If you haven't enabled text notifications, be suspicious: The message purportedly from your bank is almost certainly a scam, and you should report it to your bank and the FTC (see below).