(UNDATED) - BBB is warning consumers to beware of the "499" Scam! Local banks are being inundated with calls from concerned consumers.
The call appears to come from "499" on your cell phone. The automated message says the person is with the security department of a well-known bank and your card has been deactivated for transactions due to suspicious activity.
The automated message then asks you to key in your 16-digit credit card number, expiration date, security code, and your four-digit ATM pin number that is used for transactions.
Once you do this, you are told that no further action is required, such as contacting your bank, and you can now use your card. But, so can the scam artist! This is a scam! Your bank will never call you and ask you for this personal information. Remember, they already have it!
For more consumer tips, go to www.bbb.org or call 1-800-388-2222.
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