Social Media Ideas for Bank Fraud

The “Safe Account” Call: Banks Never Ask You to Move Money — and Wire Losses Are Rarely Refunded

The caller ID shows your bank’s name, and the person on the phone already seems to know something about your account. There’s supposedly suspicious activity...

Three Arrested in Bengaluru Over Investment Fraud Using Mule Accounts

The accused procured current, corporate and trust bank accounts, net banking credentials and linked SIM cards from various persons by offering them commissions

New payment set up? Get in touch! The bank scam where your ‘bank’ is the scammer

Impersonation scams – where callers or texts claim to be from trusted entities such as banks, HMRC or even the police – are rife … and growing‘I’ve £80k in the account, here’s my p...

FinCEN’s $13 Billion Scam Center Alert: What Banks Need to Know About the Fastest-Growing Financial Crime Threat

How businesses can prevent check fraud

Discover why traditional red flags fail against modern check fraud and how to implement better business controls.

Global banks take on agentic commerce scam and fraud concerns

A group of six global banks, including Bank of America and NatWest, has put together a set of principles designed to address concerns about scams, fraud and data privacy in agentic...

Bank of England boss berates social media platforms over 'downright criminal and terrible' fraud

Bank of England chief Andrew Bailey has demanded that social media giants clamp down on online scams as he lambasted 'downright criminal' activity on some platforms.

RBI issues draft SOP for temporary debit holds on money-mule, cyber fraud accounts

The proposed framework sets out timelines for banks to identify suspicious transactions, notify customers, examine explanations and remove debit holds

Stolen ID, Phone Used in KSh1M Fraud as Court Holds Bank Liable

A Nairobi court has ruled that banks can be held responsible for customer losses when weak account verification systems allow fraud to unfold. The decision, delivered by the Milima...

Clearfield Co. bank teller charged after forging signatures on customer withdrawal slips

A bank teller in Clearfield County is facing numerous felony charges after forging signatures on customers' withdrawal slips, totaling over $32,000, state polic

How Do Authorised Scams Hide Behind Legitimate Bank Transfers?

Can a bank know exactly who its customer is and still miss a scam? Increasingly, the answer is yes. Social engineering and authorised scams often involve real customers using their...

Rising cyber fraud puts customers at risk; banks need to invest more: Bank of Baroda CEO

Debadatta Chand urges banks to step up cybersecurity spending and improve financial and digital literacy as scams, including “digital arrests,” grow more sophisticated

Banker Chukwuebuka Nweke jailed for stealing from customer’s account

Nweke was arraigned by the Lagos Zonal Directorate 1 of the EFCC on a one-count charge bordering on the unlawful withdrawal of ₦1 million from Leelee Dumbari's account with the b...

The “Elder Fraud” Freeze: Why Banks Are Now Legally Allowed to Hold Your Senior Transfer for 14 Business Days

Imagine trying to transfer $5,000 to help your grandchild with a down payment, only to discover that your financial institution has delayed the transaction because...

Scammers impersonating banks to drain bank accounts

Indiana's I-Team warned residents about a sophisticated banking scam involving spoofed caller IDs and phishing websites that resulted in significant financial losses, including $18...

Court Rules on Banks’ Liability When Customers Lose Money to Fraud

A court has explained when banks may be required to compensate customers after fraudsters steal money from their accounts.

A MUST WATCH: THE WHOLE BANKING SYSTEM IS FRAUDULENT.

Every American Citizen MUST WATCH THIS. It’s about 24mins long, so save it and watch when you can. It breaks down our financial system and is the most impactful and important vid...

Sponsor's message: [Webinar] How Leading Global Banks are Driving the Next Generation of Consumer Scam Controls

[Webinar] How Leading Global Banks are Driving the Next Generation of Consumer Scam Controls

£17.5M in fake returns, a flight to Dubai, and a fraud judgment that survives bankruptcy

The statements said Goldman Sachs. The money went somewhere else entirely

Spanish banks report 150% spike in fraud

Fraud from stolen devices has surged in Spain according to recently published research.

Be fraud-proof: Simple security checks to do regularly to protect yourself

Online banking has made managing money more convenient than ever. With just a few taps, customers can check their balance, pay bills, transfer money, or apply for financial product...

Following the Ring: What Chinese Money Laundering Networks and the Bank of America Case Teach Us (Swagatam Sen)

On 13 October, the US Treasury announced more than $1.21 billion in penalties against Bank of Americ...

Former Ludlow bank manager pleads guilty to stealing around $335k from customers

A former Northern Kentucky bank manager has pleaded guilty to stealing hundreds of thousands of dollars in connection with a bank fraud scheme, according to federal prosecutors.

Feds accuse nine top banks of de-banking — denying accounts due to ideology, religion, and more

After President Trump made it a point to declare banking rights as guaranteed and fair for Americans, the government actually went to work.Now, a federal agency has revealed that m...