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How to survive a bank imposter scam

Bank imposter scams are on the rise but you can outsmart them with the help of your real bank.

In 2023, our losses from bank imposter scams are estimated to be at 2.3 billion dollars. Why are there so many scam victims? It all comes down to survival instincts. Humans are predisposed to obey authority for our own gain, so it’s less stressful to go with the flow and listen when someone who sounds like a bank authority figure is trying to help us. The solution is to verify all possible bank scam calls with your actual bank. Check the number on your bank-issued card or bank’s website to get the lowdown.