Zelle Fraud Alert Scam
Zelle, a popular mobile payment application, has been the latest target by cyber criminals. How does it work?
Scammers impersonate Zelle and send you what appears to be a fraud alert.
Then they'll send you a spoofed caller ID so the number also appears valid.
If you answer the call, they make you think that someone has hacked your Zelle account. When you log into Zelle, the money you send per their directions will go directly into their account.
What to do?
If you receive such a text, call Zelle directly instead of responding.
Don't trust your caller ID because criminals can spoof numbers.
Finally, be on high alert when you receive texts as it's a favorite way for scammers to infiltrate your financial institutions.