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Latest Scam Reports

Sms Scam | Banking Information Phishing

Although laws against telemarketing cell phones exist, this doesn’t stop scammers from using them to scare unsuspecting users into thinking their financial security is in jeopardy. Banks have always seemed to be the securest places for an individual’s money. However, con artists are finding new ways to get the information needed to clean out personal bank accounts in a single day. The newest way is by texting cell phone users telling them that their account has been frozen due to “unusual activity.”

This is called a “phishing” scam, or in the case to cell phones “smishing” scam, and often comes with a phone number to call or a request to text personal information to verify personal information that, in fact, gives con artists exactly what they need to illegally access accounts.

According to US Bank, customers are never contacted in such a manner and would never be asked to divulge personal information through text-messaging, via email, or over the telephone. State Dale, spokesman for US Bank stated, “If customers have any questions or concerns, they should contact their bank through traditional and proven channels, such as calling their branch or using a trusted customer service number.”

According to the Armed Forces Bank this goes beyond bank accounts to include credit card accounts as well. In all cases an individual is asked to telephone the number provided in order to reactivate the account. After calling as requested the individual is then greeted with “Welcome to the bank of…” They are then asked to enter their card number in order to resolve the pending security issue. An alternative is that a message will instruct recipients to “click this link to reactivate.” Both options take individuals directly to the con artist who, if well practiced, can draw out personal information in unusual ways which gives them access to individual bank accounts.

Smishing has another feature which is extremely dangerous in that if you download an item as requested onto your phone as instructed, malware which is a malicious code, is added to your phone thereby making it defective after all your phone numbers have been forwarded to the scammer. This gives them a whole new set of targets to victimize.

A cursory review of financial institutions has found that few organizations are exempt from these attacks which are resulting in the infringement of privacy on thousands of account holders. Unfortunately, if a response is made to such a request it is very difficult to get the money back, if ever, even when fraud paperwork is filed. Therefore, it’s important to view every contact from a bank with caution.

According to many financial institutions if contacted in a smishing scam there are many things one can do to protect themselves. First and foremost is to contact the bank immediately during regular business hours or call the number on the back of the debit card if after hours. In this way all transactions can be frozen from that point on. Secondly, contact local law enforcement agencies and file a report that indicates you have been scammed or are now the victim of fraud. If not responding, but receiving the text, take the message to the authorities so they have a physical record they can track.

Finally, remember that legitimate financial institutions will never ask you for personal information in this manner. If receiving a call or text, understand that you are being scammed and take a proactive stance, but “never” respond.

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13 Responses to Sms Scam | Banking Information Phishing

  1. this person may be fraudulent and might have access to my banking info he responded to a payday loan immedialty after i clicked on one of the sites i thought it was real until he called back.but with different information then he told me in the am win we first talked i asked him was this a real payday loan and he hung up the phone on me so this is win i started tracing the phone number

  2. ElaineBradley23 says:

    Been having problems like this, too. I receive text alerts from different senders about my bank account being suspended because there were suspicious activities. and I should confirm my identity by giving them sensitive info like SSN and birthdate… But i’ll never fall for obvious scams like that. my bank specifically instructed me not to give out any info over the phone and if there’s a problem, visit their office. and besides, when i used my debit card, I did not have any problem withdrawing my money! I posted this to so everybody knows…

  3. Andre Mcavoy says:

    There are several unique tips in time in it post but I don’t understand if I see all of them target to heart. There is several validity but I will bring hold belief till I look into it further. Excellent publish , thank you and we would like even more! Added to FeedBurner as well

  4. william tabor says:

    i got a test message on 5/29 saying i won a $1000 best buy card drawing…..from phone #707-9858186 another scam

  5. j.p. says:

    I received a text from 402-332-1801 saying i won a $1000.– gift card enter “559″ at to tell us where to ship it! Aug 8th 2012. 2:23pm Pacific coast

  6. I think its ridiculous that dishonest people are out there to take advantage of hard working people!

  7. I had a text for 54652 saying i won 10000 dollars .whivh was a swam…

  8. carrie says:

    On 12/21/12 I received a text from 904-635-9034 saying I won a $1000. Walmart card from my entry last month… obvious SCAM. I didn’t enter anything!! These people need to get a job like everyone else!!!

  9. gino says:

    This number keeps calling all the dam time don’t know what to do.605-221-2284

  10. gino says:

    can anyone tell me how to stop them.605-221-2284

  11. Oneng says:

    this person is fraudelent and the person’s caller number 3153704950

  12. Tony Clark/possibly spelled Clarke
    this person, named above called me from 702 726-2990. Told me he was registered with the Better Business Bureau. HE told
    me to purchase a Green Dot Card for $105.00 for remaining
    amount owing on taxes. 90% was paid in the amount of $255.00.
    He said he was from the DC Winners International sweepstakes Company. Supervisor, David Washington
    On September 30, 2013, I Won 2.4 Million, in which a cashiers check would be issued and that I WON also a Mercedes Benz and a Flat Screen T.V. PKG. CODE 00 Happy Winnings.
    Told me to write a check for: $1,500.00, to a Barney Thomas
    40 Eagle St. Apt. 1142 Savannah, GA 31415, but the check would not be cashed. I guess for insurability sake. Any way the next day I would receive the package. When I gave him the
    numbers from Green Dot Card never heard another word from him. PLUS, the $1,500.00 check was cashed and I received nothing in return. LOST IT ALL. Sorry, I was so gullible
    to believe his story. Am a very sick Senior in need of money due to believing other SCAMS. Thought he was honest; how wrong I was. I hope you can find this fraudulent person; I AM STILL OUT THE MONEY….. Signed: The Victim of a SCAM

  13. anonymous says:

    Block this number or set your phone to not ring, go to voicemail. They won’t leave you alone.

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