Recently, there have been more and more scams in the form of fake calls and emails where fraudsters promise policyholders fake incentives and perks only to defraud them later. This article will focus on Fraud through Fake Account Number.
How does this fraud happen?
The fraudster will pose as the identity of an official representative from a well-known, reputable insurance firm and make exaggerated claims about policy advantages, such as unacknowledged bonuses, unpaid commissions or a return of investment money.
The fraudster will provide you with false offers with the name of a respectable company. They will always provide you with their account number in the name of the company. To validate your offer, they will ask you to pay the requested sum.
Avoid this Scam
Sources: Click Here