Beware of Crooks Using Zelle for Fraud

Zelle is a popular peer-to-peer payment app that allows users to send and receive money quickly and easily. However, Zelle has also become a target for fraudsters.

In recent months, there have been reports of crooks using Zelle to scam people out of their money. One common scam involves sending a text message or email that appears to be from a legitimate Zelle user. The message will ask the recipient to verify their Zelle account by clicking on a link. Once the recipient clicks on the link, they are taken to a fake Zelle website that looks like the real thing. The website will then ask for the recipient’s login information and other personal details.

Once the crooks have this information, they can log into the recipient’s Zelle account and steal their money.

Another common Zelle scam involves posing as a customer service representative from a legitimate company. The scammer will call the victim and claim that there is a problem with their Zelle account. The scammer will then ask the victim to provide their login information so that they can “fix” the problem.

Once the scammer has this information, they can log into the victim’s Zelle account and steal their money.

To protect yourself from Zelle fraud, there are a few things you can do:

• Never click on links in text messages or emails that you are not expecting.
• Be wary of anyone who asks you to provide your Zelle login information.
• Only use Zelle to send money to people you know and trust.
• If you think you have been scammed, contact Zelle customer service immediately.

Zelle is a convenient way to send money, but it is important to be aware of the risks of fraud. By following these tips, you can help protect yourself from becoming a victim.

See Scam and Fraud Protection for 2023 for more information and make sure to Sign Up for our Scam Prevention Newsletter.