News & Insights

The Top Scams and Fraud Threats to Watch for in 2026 (and How to Protect Yourself)

Written by Bill Rieger | Nov 18, 2025 4:12:35 PM

A wave of new scams is spreading faster than ever, fueled by technology that’s becoming more sophisticated, more accessible, and more convincing. In fact, federal consumer agencies report rising losses year after year — and the most troubling trend is that scammers no longer need deep technical skills to cause real financial harm. That’s why it’s so important to stay a step ahead.


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As your local community bank, we want you to feel confident navigating the digital world. Below, we break down the scams you should be watching for in 2026, why they’re becoming more common, and how to protect your finances, your identity, and your peace of mind.

What Makes 2026 Especially Risky for Consumers?

Technology is moving quickly — and not just for legitimate businesses and everyday users. Fraudsters now have access to AI tools, automation platforms, and advanced identity-spoofing technologies that used to require significant skill (or significant money). Today, they're cheap, easy to use, and often publicly available.

Three forces are shaping the fraud landscape going into 2026:

  • AI tools are becoming scarily realistic, from cloned voices to fabricated images.
  • Real-time payments are growing, giving scammers the ability to withdraw or move funds instantly.
  • Fraud-as-a-Service is rising, lowering the barrier to entry for criminals.

The result? Scams are harder to spot with the naked eye, and individuals have to rely on stronger habits — not intuition alone.

Let’s walk through the threats you should watch for and how to defend yourself.

1. AI-Powered Scams and Deepfake Fraud

Artificial intelligence has changed the game. Fraudsters are using AI to create voice replicas, realistic videos, manipulated photos, and emails that sound exactly like someone you know or trust.

Deepfake Voice Scams

One of the fastest-growing threats is voice cloning. Scammers take a sample of someone’s voice — often pulled from social media — and generate a lifelike imitation. Then they call pretending to be a family member, coworker, or even your boss.

They may say:

  • “I need help — I’m in trouble.”
  • “I’m traveling and lost my wallet.”
  • “This is urgent. Can you send money now?”

These scams work because they trigger emotion before logic.

Deepfake Video & “Facetime Fraud”

Video deepfakes are becoming more accessible, too. Some scams involve video calls where the person you believe you're seeing isn’t real at all — it’s an AI overlay.

This technology is advancing quickly, so caution in 2026 is crucial.

AI-Written Phishing Messages

Phishing emails and texts used to be easy to spot because of poor grammar and strange formatting. Not anymore. AI tools can generate flawless, personalized messages that look like they came from your bank, employer, or delivery service.

 

2. Synthetic Identity Fraud

Synthetic identity fraud is now one of the fastest-growing financial crimes in the country. Scammers combine real information (like a Social Security number) with fake names, addresses, or birth dates.

This type of fraud is particularly dangerous because:

  • It bypasses traditional identity checks.
  • It can go undetected for years.
  • It’s often used to open accounts, obtain loans, or create long-term fraud schemes.

Children and seniors are especially vulnerable because their personal information is less frequently monitored.

 

3. Account Takeover (ATO) Attacks

Account takeover fraud happens when someone gains access to your existing financial or digital accounts. With billions of leaked passwords floating around online, scammers rely on automated “credential-stuffing” tools that test stolen passwords across thousands of websites.

If you reuse passwords, you’re especially at risk.

Where ATO Is Growing Fastest

  • Mobile banking
  • Peer-to-peer payment apps
  • Crypto platforms
  • Email accounts (often used as the “master key” to reset other passwords)

Once a criminal is in, funds can move fast — especially on platforms with instant payment features.

4. Real-Time Payment Scams

Instant payment systems are becoming more common across the banking industry. While convenient, they leave almost no time to spot or reverse fraudulent transfers.

Common tactics include:

  • Urgency-based social engineering: “Your account is compromised. Move your funds now.”
  • Impersonation of bank staff
  • Fake payment requests from vendors or friends

As soon as you send the money, scammers move it again — and again — making recovery nearly impossible.

 

5. Romance + Investment Scams

These scams blend emotional manipulation with high-pressure investment schemes. Scammers spend weeks — sometimes months — building trust through online conversation, social media, or dating apps.

Once the emotional connection is established, they introduce “a great investment opportunity.”

The investments are fraudulent, the relationships are fake, and victims often end up losing tens of thousands of dollars.

Warning signs include:

  • Someone who refuses to meet in person
  • Sudden interest in investments
  • High-pressure statements like “you’re missing a massive opportunity”
  • Urgency to transfer money to unknown platforms

This scam is especially harmful because victims often feel embarrassed and isolated afterward. You are not alone — and there is support available.

 

6. Identity Document Forgery and AI-Made IDs

AI-generated IDs can now mimic holograms, watermarks, and other security features that used to be difficult to copy. Fraudsters use these synthetic documents to:

  • Open bank accounts
  • Rent vehicles
  • Secure loans
  • Bypass digital identity checks

Because these documents look so real, even trained professionals can struggle to detect them.

 

7. Government Impersonation Scams

Scammers continue posing as:

  • IRS agents
  • Social Security representatives
  • Local police
  • Medicare caseworkers

The twist in 2026? They may combine impersonation with AI-generated voices or spoofed video calls.

Government agencies will never call and demand immediate payment — especially by wire transfer, gift card, cryptocurrency, or digital wallet.

 

8. Tech Support & Device Takeover Scams


You might receive:

  • A pop-up warning
  • A fake antivirus alert
  • An email claiming “suspicious activity on your device”
  • A call from someone pretending to be Apple, Microsoft, or Dell

Scammers aim to gain remote access to your device. Once inside, they may:

  • Steal passwords
  • Access banking apps
  • Install spyware
  • Lock you out of your own accounts

Never grant remote access unless you initiated the support call with a verified company.

 

9. Small Business Scams on the Rise

Small businesses — especially local ones — are increasingly targeted by:

  • Fake invoice scams
  • Business email compromise (BEC)
  • Payroll redirection schemes
  • Vendor impersonation
  • Fake “government compliance” notices

If your business handles online payments or customer data, the risk rises sharply.

As your community bank, we encourage local business owners to conduct routine staff training and adopt multi-factor authentication across all systems.

 

10. Elder Fraud and Intergenerational Scams

Older adults continue to be top targets, but the tactics are shifting. Deepfake technology makes it possible to mimic the voice of a grandchild or close family member.

The message is typically panicked:

“I’m in trouble. Please don’t tell anyone. I need money right now.”

These scams are devastating — financially and emotionally. One of the best defenses is having a pre-determined family “password” or phrase to use during emergencies.

 

How to Protect Yourself from Scams in 2026

Below are practical, bank-backed steps every individual and family should follow.

1. Slow down when something feels urgent

Scammers rely on emotion, not logic. If someone insists you act immediately, pause. Verify through another source.

2. Use strong, unique passwords

Avoid reusing passwords. A password manager can help you stay organized.

3. Turn on multi-factor authentication (MFA)

Prefer app-based authentication over text-message codes.

4. Keep personal info private

Review your social media privacy settings. Limit the amount of personal audio and video posted online.

5. Call back using a verified number

If someone claims to be your bank, hang up and call the number on your official debit card or our website.

6. Monitor your accounts regularly

Set up account alerts. Review statements monthly. Report anything suspicious right away.

7. Educate family members

Talk openly with parents, grandparents, teenagers, and friends about modern scams — especially emotional manipulation tactics.

8. Verify investment opportunities

If something promises high returns with no risk, it’s a scam. Always confirm investment advisors through FINRA’s BrokerCheck or the SEC’s Investment Adviser Public Disclosure tool.

9. Update your devices

Install updates on your phone, tablet, and computer. Many of them patch critical security flaws.

10. Trust your instincts

If something feels off, it probably is. Reach out to us anytime — we’re here to help.

Credible Resources

These reinforce your bank’s credibility and provide helpful tools for readers.

A Community-Focused Closing Message

As scams grow more sophisticated, staying informed becomes one of the strongest forms of protection. At our bank, we believe that safeguarding your financial life is a community effort — one built on trust, transparency, and looking out for one another. Whether you’re worried about a suspicious message, unsure about an online request, or simply want a second opinion, we’re always here to help. Together, we can keep our community safe, secure, and confident in the year ahead.