One type of fraud that has been around for quite some time is called a fake bank call scam. According to the findings of recent studies, an overwhelming majority of Nigerians, and in particular the elderly and less educated citizens, have been duped by the cons involving bogus bank call scams.
In this piece of writing, we will go over three easy ways to identify a phony bank phone call so that you do not give in to the con artists who are trying to steal your money. Look at them down below.
1. They warn you that your account is about to be stopped or that it’s probably been hacked and that you need to submit your sensitive bank credentials in order to help solve the problem. These details include information about your ATM card, BVN, OTP, and transaction code.
The majority of their calls are often made in a panicked tone, and the purpose of these calls is to put pressure on you to disclose your private bank information so that they may assist you in resolving the issue. They will phone you and tell you that someone is trying to extort money from you or hack your account. They will then ask you for accurate information regarding your bank and transaction code so that they can prevent the hacker from accessing your account.
When the discussion is organized in this way, it is undeniably an attempt to trick you out of your money by using the information that they have asked for to commit financial fraud against you. It is against the policy of the bank for employees or agents to ask clients for information of this kind, thus if you receive phone calls of this nature, you should not comply with the request of the caller.
2. The person who is calling you is persistent, and they typically seem frantic as they urge you to submit the aforementioned bank data.
One trait that you are likely to observe in the imposter calling you from a bank is that they are dogged in their pursuit of the bank information they have requested and appear to be in a state of desperation. This is often demonstrated in the form of a series of phone calls in which you are urged to provide the information as quickly as possible to prevent the hacker from gaining access to your account. When this is the case, it is considered to be fraudulent activity.
3. If you indicate that you intend to go to the bank or phone the bank’s customer service line, they will try to dissuade you from doing so.They will tell you in their description not to call the hotline for your bank in order to get confirmation, and they will also tell you not to go to the bank.
This is provided in the form of the argument that there would be no need for you to come to the bank since it may be stressful on your side, and you probably don’t have enough time before the hacker invades your account.
