San Angelo bankers warn of rising fraud: 'Bad guys spend all day' finding new scams, panelists say Local bankers told attendees fraud losses have outpaced credit losses industry-wide, describing social‑engineering scams, elder‑abuse cases and banks' ongoing tech investments to detect and prevent theft.

Local bankers in San Angelo reveal that fraud losses now surpass credit losses, highlighting a surge in social engineering scams that prey on unsuspecting victims.

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