Scammers now posing as the CFPB

It starts with a phone call; “I am John Smith from the Consumer Financial Protection Bureau and I am calling to advise you that we have a received a class action lawsuit settlement from Acme Bank. In order for us to transfer the funds to you, we need you to…”

You’d never fall for that, but for ever boldening and audacious conmen and scammers of this world, it only takes a fraction of attempts to score big. So, it should come with as little surprise that they’ve taken the guise of the Consumer Financial Protection Bureau (CFPB) as evidenced by the CFPB’s latest announcement.

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Scammers now posing as the CFPB – CFPB  – Consumer Financial Protection Bureau