how you could benefit from a fraudulently opening a savings account in someone’s name?

Question

So, I just received an email and text message that I had opened a savings account with a major bank I have never previously used. I didn’t open any links on the texts or email. I went to the major bank’s website directly from Google and called their fraud department. They confirmed there was an account under my name and closed it. I am filing a fraud report with the credit bureaus. I always have my credit frozen.
What is the scam here? What could some one do with a savings account linked to both my email and number?

In: 53

Answer 1

Also money laundering, accepting fraudulent government payments, shell account activity, holding illicit funds, fraudulent tax activities.Surely they have more than just your telephone number and email to open a bank account in your name?

Plot twist….they had your best interest at heart. They really though you needs to start thinking about your future financials! Never too early!