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The Guardian - US
The Guardian - US
Business
Erin McCormick in Berkeley

Gone in seconds: rising text message scams are draining US bank accounts

Many scam texts pretend to be from familiar companies such as Amazon, UPS or a bank.
Many scam texts pretend to be from familiar companies such as Amazon, UPS or a bank. Illustration: Ulises Mendicutty/The Guardian

The text message created an instant surge of panic.

“Freemsg: Chase, Did you attempt wire transfer amount of $7500. Reply Y if recognized, Or NO to stop fraud.”

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