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today weamp;#39;re talking about a scary new scam thatamp;#39;s on the rise and could wipe out your bank account in a matter of seconds thatamp;#39;s right the FBI has issued an official warning about the reverse payment scam so what exactly is the reverse payment scam well itamp;#39;s a scam that typically appears on your iPhone or Android phone as a text message the text will claim that itamp;#39;s from A bankamp;#39;s fraud alert department and will usually ask if you have initiated an instant money transfer using a payment app if you respond youamp;#39;ll receive a phone call that appears to be from the legitimate bank number criminals may even know a past address your social security number and the last four digits of your bank account itamp;#39;s all part of a ploy to convince you that the request is legitimate once they have you on the hook theyamp;#39;ll use the bankamp;#39;s legitimate website or application to instruct you to remove your email address from your digi