5 common types of bank account fraud and how to protect yourself
Date: July 23, 2025
Bank account fraud involves unauthorized activities aimed at accessing or manipulating someone’s bank account. Common types include identity theft, where fraudsters use stolen personal information to open new accounts or access existing ones, and phishing scams that trick individuals into revealing sensitive information through fake communications. Check fraud involves altering or forging checks, while card fraud includes unauthorized transactions using stolen debit or credit card details. To protect against fraud, individuals should regularly monitor their accounts, use strong passwords, and be cautious about sharing personal information. Banks also offer tools like alerts and two-factor authentication to enhance account security....
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