Fake Bank Fraud Alert Text: “Did You Spend $X?”

You get a text that looks like your bank's fraud alert: “Did you attempt a $900 purchase? Reply YES or NO.” When you reply, the phone rings — a friendly “fraud department” agent ready to help.

How the fake bank alert scam works

The caller is the scammer. They walk you through “securing” your account — which really means reading them login codes, moving money to a “safe account,” or approving Zelle transfers to themselves. Real bank alerts never lead to a call asking for codes or transfers.

Red flags to watch for

• A text about a charge you don't recognize, then an immediate helpful call
• Anyone asking you to read a code your bank texted you
• Instructions to move money anywhere to “protect” it
• Requests to approve Zelle or wire transfers to reverse fraud

What it looks like

“FreeMsg: BANK ALERT — Did you attempt $900.00 at WALMART? Reply YES or NO. To speak with an agent call 1-8XX-XXX-XXXX.”

What to do

1. Don't reply and don't answer the follow-up call.
2. Call the number on the back of your card and ask about the charge yourself.
3. Never read anyone a security code or move money to a “safe account.”
4. Report it to your bank's real fraud line and the FTC at 1-877-382-4357.

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