|NCUA Vishing Scam - 1/21/2014||The National Credit Union Administration has warned consumers to beware of a new telephone fraud, known as a "vishing" scheme, that is using the agency's name in an attempt to obtain personal financial information. The NCUA urges consumers to never verify or release personal financial information to unknown callers. Read more.|
|Counterfeit Checks - 11/4/2013||Universal Bank of California has reported that counterfeit cashier's checks are being presented for payment nationwide in connection with various mystery-shopping scams. The checks resemble authentic items and are accompanied by a letter explaining that the recipient is to use the majority of the funds to send wire transfers to various individuals. Be wary of secret or mystery shopper offers, especially if you're asked to send wire transfers.|
|Holiday Fraud - 10/31/2013||Fraudulent travel companies have been placing adverts for holidays - detailing flights, hotel bookings, etc. - on the internet, Ceefax or Teletext. The holidays are advertised at incredibly low prices. The adverts refer you to telephone numbers and/or a website to book your holiday. After booking, you're sent documents with travel and accommodation details. In reality, either your holiday doesn't exist at all or you'll only get part of what you paid for. Instead, the fraudster has pocketed your money. Read more here.|
|Fraudulent Charities - 06/05/2013||The Oklahoma Attorney General's Office is warning of renewed charity scams following the tornado. The same increase in fraudulent charities happened within days of the Boston marathon bombings, as well as following the Newton, Connecticut grade school shootings. So before giving money to what seems to be a good cause, it would be wise to verify that it is a trusted charity. An individual could use an independent charity evaluator such as Charity Navigator to learn how a particular charity's donations are spent. The Red Cross provides assistance to national charities, but if you would like your donation to stay local donate to a specific Red Cross Chapter.|
|Wire Transfer Scam - 5/7/2013||If you receive an email telling you that your wire transfer has been canceled, take caution, as it the latest attempt by online criminals to infect the general public's Windows computers. The email states that a wire transfer, recently sent from your bank account, was not processed. Attached to the email is a file referencing a payment receipt. The attachment actually contains the Troj/Zbot-EVC Trojan horse, designed to hijack your computer and potentially access private information. If you receive an unsolicited email such as this, delete it immediately. Never open unsolicited emails or attachments and keep your anti-virus software up to date.|
Cellular Fraud - There are multiple types of fraud involving cell phones; among these are 3 rising scams. The first is "Smishing/Vishing Cellular Fraud" where a fraudster will send an alert or message notifying you that your ATM card needs reactivating; it will then prompt you with some way to correct the problem where you'll provide personal information. The second is "Subscriber Cellular Fraud" where an individual fraudulently obtains personal information of victims and uses it to open new cell phone accounts in the victims' names. The third is "Cloning Cellular Fraud" where the factory-set electronic serial number and telephone number on your phone are used by fraudsters to clone a cell phone, the legitimate phone user then gets charged for calls used by the original cell phone and the cloned cell phone.
Phishing - Phishing is a high-tech scam where emails are sent to consumers falsely claiming to be a legitimate company, in an attempt to obtain non-public, personal information. The emails may claim the information is for some purpose supposedly required by law. It will usually require your "immediate attention." Do not trust or act upon unsolicited emails that request personal information. Never provide personal or sensitive information via email.
Sweepstakes and Lottery Winning Scams - Be aware of scams that say you've won a sweepstakes or lottery, and then ask you to wire money to a designated location - usually outside the country. A phone call or letter you receive will state that you previously entered a promotion and you have been chosen as the big winner. You are then asked to pay for processing, taxes, etc. to claim your prize. Please contact your local police department if you suspect you're the target of one of these scams.
Telemarketing Fraud - Telemarketing Fraud Scams have been around for years. Fraudsters try to earn your trust and invest/steal your money. If and when you send money to a person you do not know or give personal or financial information to unknown callers, you increase your chances of becoming a victim. When you hear statements like "you must act now", "you have won a free gift or prize", or "this is a no-risk offer", be cautious. It would be best to say "no thanks" at this stage and hang up the phone. Remember, it is impossible to get your money back once it is paid out under fraudulent means.
Check Washing - "Check Washing" is a process when ink is chemically removed from a stolen check. The check is then re-written to a different merchant or company for a higher amount and cashed. You can prevent this from happening to you by using eBranch Online Banking to pay your monthly bills. Ninety-nine percent of all checks that are washed are stolen out of home mailboxes.
• Check your credit report regularly for inaccurate information.
• Avoid using easily available information like your birth date, last four digits of your SSN, or your
mother's maiden name.
• Secure personal information in your home.
• Limit the use of paper statements. Paperless statements help avoid identity theft and fraud.
• Shred documents containing personal or financial information.
• Ask about information security procedures in your workplace. Verify your records are kept in a
• Don't give out personal information on the phone, through the mail, or over the internet unless
you've initiated the contact or are sure you know who you're dealing with.
• Opt out of receiving prescreened credit card offers: call 1-888-567-8688.
• ATM Safety Tips