Banking Scam – u3as. Please Take Immediate Action

In the last fortnight –  two u3as have been scammed by phone calls purporting to be from their bank’s Fraud Department. A number of other u3as have reported similar attempted scams.

What should I do?

The first action you should take is Hang Up!  Banks do not make calls of this nature.

Should I call the bank?

If you try to call your bank to check if the call was genuine the fraudsters can intercept your call and convince you to continue. If you do call your bank on a number you know to be genuine use a different phone or leave making the call for some time.