Bank of America’s Post

View organization page for Bank of America, graphic

2,499,348 followers

Do you know how to help avoid scams? In 2023, imposter scams were the most common, with reported losses reaching $2.7B. To help protect yourself against scams, here are 4 red flags to watch out for: 🚩 You're contacted out of the blue 🚩 You're pressured to act immediately 🚩 You're asked to pay in a less common way, like gift cards or wire transfer 🚩 You're asked to provide personal or account info To help protect your information and your money, explore more tips and the latest trending scams. bit.ly/4atud1z

This bank is completely incompetent and does not follow its own rules. My checking account had 31 fraudulent Zelle withdrawals in one day totaling over $9600, then 8 Zelle withdrawals from my savings in one day, plus an unauthorized cash advance of $4000 on my credit card. Customer Service is useless and states that a random stranger was "allowed" to hack and scam my accounts. I am a 30 year customer at Bank of America...time to find a new bank I can trust.

  • No alternative text description for this image

What BofA doesn't tell you is that the imposter pretends to be a Bank of America fraud specialist. They have already hacked your bank account to get your phone number. They call you (with a bank number with a logo) and say there has been suspicious activity on your account. They tell you about a charge, you open your account and yes there is a fraud charge you did not approve. They then send you a text to your phone and they get further into hacking your bank account making it look like you approve of any charges that the hacker pretends to reverse. Bank of America will not help you or protect your account. I know from experience.

Like
Reply
Tom Ferro

SVP, Consumer and Small Business Products at Bank of America

3w

Don’t be rushed, stop and think before you initiate any funds transfers and do not allow anyone to access your online banking, desktop or mobile phone without being absolutely certain that they are trustworthy.

Thanks for these tips - always good to have prevention methods when scammers are so prevalent!

Like
Reply
Mya Woods

--Founder of Millennials Demanding Change, 55th Miss University of Maryland Eastern Shore.

2w

Greetings, I live in a very small town in Maryland, called Cambridge. Cambridge is the land that brought the world Harriet Tubman. I am interested in having BOA as a sponsor for an upcoming event and future events here to help the youth. Please get back to me.

Like
Reply
Like
Reply
Anna Mayo

Computer Specialist/Consultant

2w

Well said! Useful information and advice!

Very informative.Thanks BAC.

Like
Reply

Very Informative. Thanks

Like
Reply
See more comments

To view or add a comment, sign in

Explore topics