Student loses $2K in Zelle scam that takes on a different twist

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Student loses $2K in Zelle scam that takes on a different twist
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Even without a phishing attack, a hacker used Zelle to steal money.

leading to thousands of dollars in losses per victim, in many cases.

To perpetrate the fraud, swindlers impersonate financial institutions and convince people that money has been stolen from their bank accounts. And the only way to get the money back is to “Zelle” funds to themselves, they tell their victims. If you purchase a product or register for an account through one of the links on our site, we may receive compensation.

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