Phone Call Scam: Beware of Requests for Bank Account Verification Code
Scammers are becoming increasingly sophisticated in their methods, and one tactic that has been gaining prominence is phone call scams. In this type of scam, the scammer will call you and claim to be from your bank or another financial institution. They will often sound very convincing and may have some personal information about you, such as your name and address.
The scammer’s goal is to trick you into giving them your bank account verification code. This code is usually sent to you via text message and is used to verify your identity when you make certain transactions, such as transferring money or changing your password.
If you give the scammer your bank account verification code, they will be able to access your account and steal your money. They may also use the code to change your password and lock you out of your account.
Here are some tips to help you avoid falling victim to this scam:
- Never give your bank account verification code to anyone, even if they claim to be from your bank.
- Be wary of any phone calls that you receive from someone who claims to be from your bank and asks for personal information.
- If you are unsure whether or not a phone call is legitimate, hang up and call your bank directly.
- Report any suspicious phone calls to your bank and to the Federal Trade Commission (FTC).
By following these tips, you can help protect yourself from this scam and keep your money safe.
