Bank Account Fraud and How to Protect Yourself

A scammer uses various techniques to discover which bank you use.
Bank Account Fraud and How to Protect Yourself
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Anne Johnson
Updated:
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If fraudsters raid your bank account, it could devastate you financially. You could have your savings wiped out in seconds. And sometimes, you'll never see those funds again.

Fortunately, there are ways to keep your money safe from the various types of bank fraud. However, it will take some vigilance and planning.

Fake Communications From Bank

A scammer uses various techniques to discover which bank you use. They may scour your social media or internet activity or just guess using a major bank.
Anne Johnson
Anne Johnson
Author
Anne Johnson was a commercial property and casualty insurance agent for nine years. She was also licensed in health and life insurance. She went on to own an advertising agency, where she worked with businesses. She has been writing about personal finance for 10 years.