Life savings wiped

💸 Life savings wiped: Think these scams only happen to older adults? A 26-year-old lost over $30,000 after getting a fake text from “Wells Fargo” about a $1,300 charge. He replied no, got a call and scammers convinced him to transfer his money to a new account. Poof, all gone. FYI: Banks will never ask you to move your money to stop fraud.

Tags: fraud, money, older adults, savings, text