Rooted in fact-based, transparent reporting, Newsy is an award-winning opinion-free network owned by the E.W. Scripps Company that is relentlessly focused on “the why” of every story and seeks to enable a more intimate and immersive understanding of the issues that matter.
The Federal Trade Commission says criminals are using new scams to try to lure consumers into sharing verification codes or moving their money, and the agency is joining banks in warning people to be extra careful as scam techniques get more complex.
Scammers might ask for a verification code, or an OTP code — in which case they have likely obtained bank login information from the dark web or other means, and just need you to give them the code from your phone to finalize their fraudulent login attempt.
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