What is an impersonation scam?
An impersonation scam occurs when a fraudster pretends to be someone you trust, such as:
- A bank employee
- A company executive or coworker
- A vendor or customer
- A government agency
The goal is usually to convince you to share sensitive information, send money, or grant access to your account.
They may say there is suspicious activity on your account or a problem that needs immediate action. The message may sound legitimate, but the intent is to get you to respond quickly without verifying the request.
Taking a moment to pause and confirm the source can help protect your personal and financial information.
How Bank Impersonation and Phone Spoofing Work
Scammers frequently create a sense of urgency. They may claim there is:
- Suspicious activity on your account
- A security issue that requires immediate action
- A payment problem that must be resolved quickly
Be cautious if you are asked to share passwords, one-time passcodes, debit card numbers, PINs, or remote access to your device.
Claims of suspicious activity or urgent security issues are often used to push quick decisions.
Be cautious of unfamiliar links, software downloads, or unexpected requests to send wire or ACH payments.
How To Protect Your Accounts from Fraud
Taking a few simple precautions can help reduce your risk:
- Pause before responding to unexpected calls, texts, or emails
- Avoid clicking links or opening attachments you were not expecting
- Type your bank’s website address directly into your browser
- Contact your bank using a phone number listed on its official website.
- Keep your devices and security software up to date
Fraud Protection tips for business customers
Always confirm payment or account changes using known, trusted contact information, not details provided in the request.
Require dual approvals for wire and ACH transactions whenever possible to add an extra layer of protection.
Train employees to pause and verify unusual requests and use account alerts to monitor activity.

