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EDD is Warning About Text ‘Smishing' Scams. Here's What That is
The California Employment Development Department is warning people about “smishing” scams, in which criminals pretending to be EDD or Bank of America are tricking people into giving up sensitive information by text or phone calls.
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Unemployment Fraud Lines
During the pandemic the NBC4’s I-Team was flooded with complaints about their Bank of America EDD debit card accounts – consumers say they’d unknowingly been drained and the bank did nothing to help. Two years later it’s still a problem.
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One Woman's EDD Debit Card Account Was Drained of $18K
During the pandemic, the I-Team was flooded with complaints about Bank of America EDD debit card accounts – consumers say they’d unknowingly been drained, and the bank did nothing to help. Two years later, it’s still a problem. And federal regulators have issues with the bank, too; they recently slammed Bank of America with hefty fines.