Tech support fraud occurs when the subject claims to be associated with a computer software or security company, or even a cable or Internet company, offering technical support to the victim. Phony tech support companies utilize several different methods to contact or lure their victims. This list is not all inclusive, as the subjects are always varying their schemes.
A money mule acts as a layer of distance between a scammer and their victims by handling stolen funds on behalf of someone else, either knowingly or unknowingly. Money mules make a scam harder to trace and the money even harder to find.
Beware of offers that promise quick cash or a commission in exchange for receiving money and then sending it to someone else. This may take the form of a fake job opportunity, investment scheme, or prize award.
Scams impersonating financial institutions have become increasingly prevalent in our digital age. Falling for one can cost you money and peace of mind. Stay informed and safeguard your financial well-being as we dive into the latest tactics of fraudsters that masquerade as legitimate financial institutions.
In the ever-evolving world of digital banking, the Logix Mobile Banking App continues to stand out with its array of features. Among these is the much-needed Card Notifications feature, which provides a seamless way to stay updated on your debit and credit card activity, ensuring you never miss a beat.