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  2. Zelle scams prompt federal probe into whether banks are doing ...

    www.aol.com/news/zelle-scams-prompt-federal...

    From 2022 to 2023, Zelle cut the rate of scams by nearly 50% even as the volume of transactions grew 28%, resulting in less money scammed in 2023 than in 2022, said Ben Chance, the chief fraud ...

  3. Zelle - Wikipedia

    en.wikipedia.org/wiki/Zelle

    Customers of the three banks named lost more than $870 million over Zelle's seven-year existence due to fraud. The banks and EWS rushed Zelle to market without implementing effective consumer safeguards to compete with apps like Venmo and CashApp. Hundreds of thousands of consumers filed fraud complaints but were largely denied assistance.

  4. Overpayment scam - Wikipedia

    en.wikipedia.org/wiki/Overpayment_scam

    An overpayment scam, also known as a refund scam, is a type of confidence trick designed to prey upon victims' good faith.In the most basic form, an overpayment scam consists of a scammer claiming, falsely, to have sent a victim an excess amount of money.

  5. Homeowners Beware: New Scam Letters Circulating in Maryland ...

    www.aol.com/homeowners-beware-scam-letters...

    The Consumer Protection Division of the Maryland attorney general's (AG) office is warning consumers about home warranty scam letters addressed to homeowners. The division emphasized that these...

  6. Electronic funds transfer - Wikipedia

    en.wikipedia.org/wiki/Electronic_funds_transfer

    Electronic funds transfer at point of sale (EFTPOS) are transfers resulting from credit or debit card transactions initiated through a payment terminal; Web/Internet Online Payments (E-commerce payment system) Wire transfer via an international banking network such as Society for Worldwide Interbank Financial Telecommunication (SWIFT) Real-time ...

  7. Scammers are now sending fake toll-collection texts to get ...

    www.aol.com/news/scammers-now-sending-fake-toll...

    Scammers are using fake toll-collection texts to steal bank information, authorities warned. Avoid clicking suspicious links and report scams to protect your personal data.

  8. Protect yourself from internet scams - AOL Help

    help.aol.com/articles/protect-yourself-from...

    Phishing scams happen when you receive an email that looks like it came from a company you trust (like AOL), but is ultimately from a hacker trying to get your information. All legitimate AOL Mail will be marked as either Certified Mail, if its an official marketing email, or Official Mail, if it's an important account email. If you get an ...

  9. ‘People are losing their life savings’: Seven Maryland ...

    www.aol.com/finance/people-losing-life-savings...

    When a scammer calls, silence is golden. For premium support please call: 800-290-4726 more ways to reach us