The ‘Zelle Fraud’ Scam: How it Works, How to Fight Back
Krebs on Security
NOVEMBER 19, 2021
Naturally, a great deal of phishing schemes that precede these bank account takeovers begin with a spoofed text message from the target’s bank warning about a suspicious Zelle transfer. What follows is a deep dive into how this increasingly clever Zelle fraud scam typically works, and what victims can do about it. .'”
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