CTM360 Analysis Shows How Fake Banks Exploit Search and Trust
Jan 19, 2026
CTM360 researchers have identified a large-scale fraud campaign involving thousands of fake banking websites that actively target users in the United States and the United Kingdom. Over the past year, more than 11,000 fraudulent bank domains were observed, with 8,000+ in the U.S. and 3,000+ in the UK, all operating without regulatory authorization or physical presence. These are not throwaway phishing pages. They are polished, SEO-optimized platforms that impersonate legitimate financial institutions, regulators, and lending services. Not Your Typical Phishing Fraud What sets this campaign apart is operational maturity. The fake banks offer services such as loans, mortgages, grants, and high-limit credit cards, often promising instant approval or no credit checks. Victims are funneled through simplified onboarding flows, fake KYC processes, and staged "approvals" designed to build trust before monetization. Once engaged, users are pressured to pay activation or processing fees ,...
