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Security Updates.

Jun 22, 2010

FBI warns of new phone scam that targets your bank account

The FBI warns consumers and small and medium sized businesses to be on the alert for scammers who tie up phone lines while emptying their bank accounts.

The “telephone denial-of-service” calls, which can include dead air, advertisements or phone sex menus, are actually diversionary tactics designed to tie up a victim’s phone lines. While the lines are busy, the fraudsters impersonate the victims and raid their bank accounts, online trading and other money management accounts.

Please read the attached link to learn more about this new threat.