The Bank Scam New York Is Fearing The Most

The tax season is here and the pressure to file is weighing on millions of New York residents. Whether it is a refund, or you have to pay, there is plenty to worry about. However, there is a new fear that many in New York are worried will affect their finances.

It's a new month and time for a new scam. Much of the scams we see these days are based on new technology that not only is trying to get your identity, but your cash!

The newest craze in technology is AI/ChatGPT and as schools and industries are outlawing the use of it, thieves are thriving off of it. One bank in the Western New York area is warning it's users of the newest threat.

WHAT THE AI SCAMS LOOK LIKE

In an email to their members, Great Erie FCU noted that:

The scam starts with a phishing email informing you that ChatGPT has a new feature to help you invest in the stock market. If you click the link in the email, you'll be taken to a spoofed ChatGPT website and prompted to enter your contact information.

The toughest thing about AI scams is that they are put together so well, they look fully legit. However, as this bank reminds you, there are ways to prevent them from taking your money.

Never submit payments to a bank account provided in an email, text message or phone conversation. Instead, navigate to the organization's official website to submit a secure payment.