How to Spot a Scam

Friday, December 12, 2008

Caution: Bogus Wells Fargo Online Banking Alert

This email was in my inbox this morning. For those who may not know, Wells Fargo Bank is a very large bank in the Western part of the United States, but they are expanding across the country. I do not bank with Wells Fargo, yet the scam artists who created it don't know that.

The scam works like this, the potential victim receives an email stating their online banking is blocked, and needs to be resolved. The victim is then redirected via a link provided in the email to a "fake Wells Fargo site" (this is called "phishing" in the cyber world of crime), where they are instructed to enter an online ID and password.

Once this information has been entered, the scam artists now have your personal online banking information, if you are a Wells Fargo customer.

Your Online Banking is Blocked

Because of unusual number of invalid login attempts on you account, we had to believe that, their might be some security problem on you account.

So we have decided to put an extra verification process to ensure your identity and your account security.

Please click on continue to the verification process and ensure your account security. It is all about your security.

Thank you.

1 comment:

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