5 on Your Side

SCAM ALERT: SMISHING!

Posted January 26, 2010 3:33 p.m. EST
Updated January 27, 2010 6:26 a.m. EST

We mentioned this last week, but we continue to hear from more victims! The latest scam targeting cell phone users is called SMISHING! Fraudsters send a very legitimate looking text message from a financial institution to try to get your personal information.

Right now, a message is circulating that claims its from Wachovia. It says "onlineservices@wachovia.com/ Alert! Discrepancy with your account records call 18666388467 for details" But DO NOT CALL! Again, it's a HUGE SCAM!The fraudsters get your information and then use it to take money from your bank account.  It has already happened to MANY people!

Remember, NEVER give out ANY personal information to someone you don't know. Verify contact information independently – look up a phone number and/or key in a Web address yourself! Also, check your credit report regularly. You can get one free credit report from each of the three major credit reporting agencies each year at www.annualcreditreport.com. It's the only site to get a truly FREE report. Although you can also call 877-322-8228.

About this Blog:

In addition to the stories you see on TV, Monica is always looking for ways to help consumers find deals and avoid fraud. She'll blog about what you need to know here.