DALLAS -- You knew it was only a matter of time, now that the new, more fraud resistant chip is in most credit cards. Scammers are using an age-old scheme with a new lure: email and fake bank notices.
You really can't blame them! Apparently, the strategy works.
Don't misunderstand -- the chip isn't the problem. The problem is people being conned out of their bank info.
Here's how it works: con artists send these phishing emails that that look pretty legit. The email asks you to update your information so they can send you a new card. Don't be fooled!
Experts say, if you get a suspicious email and have questions about whether your bank is really trying to contact you call the number on the back of your credit card or your statement and just ask.