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  2. AI is used in half of bank scams. Here’s what you need to ...

    www.aol.com/finance/ai-used-half-bank-scams...

    Fake bank fraud warnings. ... While 37% of those aged 65 and older have experienced bank and credit account fraud, only 15% of young adults aged 18-29 report the same. ... Regularly monitor your ...

  3. Bank statement - Wikipedia

    en.wikipedia.org/wiki/Bank_statement

    Example of a checking account statement for a fictional bank. A bank statement is an official summary of financial transactions occurring within a given period for each bank account held by a person or business with a financial institution. Such statements are prepared by the financial institution, are numbered and indicate the period covered ...

  4. Wells Fargo cross-selling scandal - Wikipedia

    en.wikipedia.org/wiki/Wells_Fargo_cross-selling...

    The creation of these fake accounts continues to have legal, financial, and reputational ramifications for Wells Fargo and former bank executives as recently as September 2023. [2] [3] Wells Fargo clients began to notice the fraud after being charged unanticipated fees and receiving unexpected credit or debit cards or lines of credit. Initial ...

  5. Bank of America accused of opening fake accounts and ... - AOL

    www.aol.com/bank-america-accused-opening-fake...

    Bank of America wrongfully withheld credit card rewards, double-dipped on fees, and opened accounts without consent,” CFPB Director Rohit Chopra said in a statement. “These practices are ...

  6. How ID thieves are having new success stealing your bank ...

    www.aol.com/finance/stolen-checks-fake-ids...

    To pull off the old-school heist of my bank account, the criminal who posed as me needed my bank account number and a fake form of ID. These are ripe for the taking on Telegram Web, a cloud-based ...

  7. Anna Sorokin - Wikipedia

    en.wikipedia.org/wiki/Anna_Sorokin

    Sorokin used Microsoft Word to create fake bank statements and other financial documents purporting to show that she had €60 million in Swiss bank accounts but could not access them since they were in trust and she was in the U.S. [5] [8] [7] One of her acquaintances put her in touch with lawyer Andrew Lance [13] at Gibson Dunn, who in turn ...

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

    www.aol.com/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.

  9. Phishing - Wikipedia

    en.wikipedia.org/wiki/Phishing

    It often involves pretending to be a trusted entity and creating a sense of urgency, [47] like threatening to close or seize a victim's bank or insurance account. [48] An alternative technique to impersonation-based phishing is the use of fake news articles to trick victims into clicking on a