Banks on lookout for frauds and scams
FAIRMONT – With multiple variants of fraud and scams targeting people’s wallets, banks are keeping a vigilant eye out and keeping themselves informed on the latest. Profinium Vice President of Information Technology, Jason Jones, said the most common ones they see are for fraudulent charges. The bank has also seen a rise in impersonation scams, where individuals claim to be bank employees and use legitimate employee names and realistic email addresses. “They'll look at LinkedIn, see who works where,” he said. “They'll look at social media. Sometimes they'll just know in the ...





