Financial Theft - Don't Trust Phone Calls

[Lawrence00]

I hope everyone here has a trusted local bank and banker. Don't believe any phone calls or emails contacting you. Always call well known banks yourself.

FBI warns seniors about billion-dollar scam draining retirement funds, expert says AI driving it

 

[MACKTEXAS]

Thanks for the warning.
Yes, I have a local bank. I know everyone who works there, and they know my banking habits. One of them would call me in the event any unusual transaction was attempted before it was acted upon.

 

[OneEyedDiva]

The financial institutions I deal with send out emails warning that these scams exist, letting customers know that information scammers ask for would never be asked by the institution's representatives. They even have information about how to avoid these scams on their websites.

 

[Oldeagle66]

No, I don't have a local bank or even a brick and mortar bank. I've had an online bank for almost 15 years without any problems. No banks or financial institutions have tried calling or texting me either. The only bank problems I've had were the large corporate banks trying nickel and dime me, excessive fees and poor customer service.

 

[Aunt Bea]

I don’t have a personal banker or a personal investment contact.

I try to protect myself by not using links or phone numbers provided in texts or emails.

If it seems legit, I go to a trusted phone number or website and follow-up.