Learning Bank - Frauds & Scams

Quiz Answers

Question 1

Sounds too good to be true – Correct!

These types of text messages are scams. Generally, the link provided in the text will take you to a website that will ask you to sign up for an account to begin bidding on auction items. In order to create an account, you'll be asked to provide personal information that the scammers can use to open credit cards, take out loans or sell to marketers. If you receive a text message like this, do not click on the link – delete the message immediately!