How “Fake BANK ALERT” is Done And how to Detect it

Fake credit alert' scam is carried out using a method called 'Bulk SMS'. This scam is actually simple to carry out because all the scammer needs is your phone number.


These scammers already have a special 'high level' SIM cards crafted specifically for the scamming purposes.


If the scammer gets your phone number, and bank details, they customize a fake SMS which would look exactly like your bank's credit alert SMS, and then add the amount of money you both agreed on.

And within seconds, you'll receive an alert that'll look like it came from your bank. The message will look real and genuine and you won't suspect a thing!

HOW TO DETECT “FAKE ALERT”

1. If someone say they transferred money to your account, please make sure that the credit alert you received contains your 'available bank balance'.

If the SMS alert does not contain your available balance, then something is wrong, because any authentic SMS alert from your bank must contain the remaining balance in your account.

2. Simply check your account balance using your bank code or via your mobile app. Don't just see the alert and conclude the money is in your account. Or if you have an account manager, call him/her and verify if there has been a transaction in your account.