Is Wellstocancel a Scam Domain Name? wellstocancel.com

The website, wellstocancel.com, is a fake and fraudulent website being used by scammers to trick Wells Fargo customers. It appears scammers send fake Wells Fargo text messages to potential victims claiming there is something wrong with their accounts and they need to click the link in it to correct the problem. But, the link goes to the phishing website wellstocancel.com that steals account credentials, personal and financial information.