Public Service Announcement issued by the Federal Bureau of Investigation! 

Cybercriminals are targeting victims with a sophisticated phishing and social engineering scam which results in victims unwittingly sending funds to the actors using digital payment apps, such as Zelle, Venmo, Cash App and others.

The FBI’s Public Service Announcement included the following protection tips:

  • Be wary of unsolicited requests to verify account information. Cyber actors can use email addresses and phone numbers which may then appear to come from a legitimate financial institution. If a call or text is received regarding possible fraud or unauthorized transfers, do not respond directly.
  • Understand financial institutions will not ask customers to transfer funds between accounts in order to help prevent fraud.

Follow this link to read more about how the scam works, how to protect yourself, and what to do if you become a victim.