Experts Say FDIC Emails About Your Bank Account Are a Scam

The thought of losing access to your money would get anyone's attention, but that's what scammers are threatening.  The federal government says they're using idle threats to get you to share personal information.
Chances are you've heard the name, but maybe you don't know how the FDIC functions.  Scammers these days are counting on that, sending emails that use the agency's four famous letters to intimidate.  Deanna Booker with the Consumer Credit Counseling Service of Maryland and Delaware says, "It sounds very official and it says you've got to contact us right away because we're going to suspend your banking privileges or there's something wrong with your accounts."

 

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