Wire fraud losses often aren’t protected by the FDIC or the Electronic Funds Transfer Act. Here’s what banks cover, what they ...

CHICAGO -- A new scam is targeting users of popular mobile payment apps. Some said they've been tricked into paying criminals thousands of dollars. "It's really distressing," Nausheen Brooks said. She ...

Police are advising people to be cautious after victims lost up to £500 in a fake ‘bank transfer’ scam. The warning comes after a complicated scam has seen at least four people fall foul of a ...

Kelley Niemi woke up on a recent Sunday morning to discover that several unfamiliar purchases of edible decorations had been made with her Bank of America debit card. She called the bank, reported ...

What Is a Bank Scam? A bank scam is a deceptive and fraudulent scheme that targets individuals' financial transactions, personal information, or assets for illicit gains. These scams come in various ...

Losing your life savings to fraud is not a distant fear; it is a real and growing risk. Scams involving criminals pretending to be bank representatives have surged, with the Federal Trade Commission ...

One unmistakable insight is that remote (online) transactions are the epicenter of payment fraud. The report shows that across cards, credit transfers, and e-money, the vast majority of fraudulent ...