Security

Bank of America to host 1K 'scaminars' to prevent fraud

Photo: Adobe Stock

June 17, 2026

Summarize with

Bank of America will host 1,000 in-person scam and fraud prevention seminars called "Scaminars" across the U.S. through the end of 2026, according to a press release.

The sessions are designed to help consumers identify digital fraud tactics, recognize emerging scams, access available resources and respond if they become victims.

"Our commitment to financial safety goes beyond simply reacting to threats — it's about proactively empowering people with the knowledge they need," Jenn Ehresmann, head of consumer client protection at Bank of America, said in a press release.

Financial scams originating on social media resulted in $2.1 billion in reported losses in 2025, according to the Federal Trade Commission.

The curriculum is developed through Better Money Habits, the bank's free financial education platform. The program is delivered through Bank of America's network of more than 3,500 financial centers and 2,500 employees, with support from local law enforcement and community organizations, including retirement centers and chambers of commerce.