Beware of new bank fraud scams skyrocketing across the US... here's how to protect your money

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Beware of new bank fraud scams skyrocketing across the US... here's how to protect your money

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Your phone rings. It's a representative from your bank, and they're that warning your account has been compromised. You're smart, so you immediately suspect it's a scam. But the person on the other end of the line reads off your Social Security number and account info. Only your bank could know that, right? Some 300,000 people in the US thought the same last year. People lost their life savings; one Virginia woman had a whopping $700,000 wired out of her Wells Fargo account, and another in Los Angeles lost $100,000 in minutes.
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