Fraudsters and criminals are always thinking of new ways to steal your money or your identity.
Fraudsters have now come up with a new scam involving social media and remote deposit capture. The scam, posted on social media sites, appears to be a legitimate work-at-home job or other opportunity that functions as a “money transfer agent.” The member is told they will receive deposits into their accounts, with instructions on withdrawing the funds and forwarding the money to a contact person. The member is told they will receive a percentage of the funds as commission.
Next, the member is instructed to provide the contact person with their online/mobile banking username and passwords. This action allows the fraudsters to log into the member’s accounts to access remote deposit capture and deposit checks. The checks are subsequently returned, after the holds have expired and the member has already withdrawn the funds and sent them to the contact person.
Please do not EVER provide anyone with your online/mobile banking username and/or password. (facebook.com/EagleOneFCU)
The FTC warns consumers that it’s a mistake to assume that all toll-free numbers that pop up in a search are legitimate customer service lines. Some are run by scammers out to hijack your credit card number or install malware on your computer. Using company names and URLs that look confusingly similar to national shopping outlets and big box stores, scammers hope that consumers will see the look-alike sites at the top of search engine results and assume they’re legitimate. Once they have you on the line with your defenses down, scammers try to get you to reveal your credit card number.
Want to stay away from these scams? Here are four tips to help keep you safe:
Even if it involves some digging on a company’s website to find reliable contact information, search carefully and you’ll be more likely to stay safe online and strike gold with your search. (consumer.ftc.gov)
Recent storms and flooding plaguing the Midwest and Southeast could impact car buyers across the country. Vehicles damaged by floods in those areas can be cleaned up and taken out of state for sale. You might not know a vehicle is damaged until you take a closer look or have a mechanic check it out.
Here’s what to do:
Let’s be honest: I spend more time playing games on my smart phone than talking on it. Our phones have become our family photo albums, personal gaming systems, calendars, encyclopedias, navigators, and instant messengers. If you can think of an activity, there’s probably an app for it.
Unfortunately, some apps might not be what they claim, and downloading the wrong app could put your phone on the fritz. According to the FTC, that’s what happened to thousands of people who downloaded the Prized app before it was removed from the app store.
Prized claimed that users could earn prizes by completing tasks like playing games and taking surveys. Instead, the app contained malware that hijacked the phone’s computing power. As a result, phones ran slower, had less battery life, and used up people’s data plans. The company was using the hijacked computing power to mine virtual currencies – like Dogecoin and Litecoin – for their own profit, without the authorization or knowledge of the phone owners.
The FTC Has released information to assist current or former federal employees whose personal information may have been exposed in the recent data breach at the Office of Personnel Management and the Interior Department. Steps to help protect consumer identities include checking credit reports, taking advantage of offers for free credit monitoring, and placing fraud alerts on credit reports, among others.
If your credit union has members that may have been affected by this data breach, please share this link with them: OPM data breach – what should you do? (consumer.ftc.gov)
You get an email from a friend, with a link and a message: “Hi! Oprah says it’s excellent!” But did your friend really send this message? And what’s so excellent?
Millions of people get emails like this one, but not from their friends. Instead, according to the FTC, marketers hired by Sale Slash sent spam emails from hacked email and social media accounts. Why? To trick people into thinking the messages came from a friend. And, of course, to sell stuff.
The links in the messages led to fake news sites promoting Sale Slash’s weight loss products. Everything about the news sites was fake. Endorsements from Oprah and The Doctors’ TV show? Fictitious. Reviews from news reporters? Phony. Testimonials from people with dramatic weight loss stories from using diet pills? Bogus.
Also false, according to the FTC? Claims that Sale Slash’s products would help people “melt away” extensive amounts of belly fat without diet or exercise. Just not true.
So here’s the skinny:
According to the NCUA, the perpetrators are able to mimic a telephone number to generate text messages. The messages may warn of a debit card reaching its limit or use some other trick to persuade individuals to provide personal information or go to a malicious website.
Consumers should not click on links in the message, provide information to any websites referenced in the message nor attempt to conduct any financial transactions through those websites.
This attempted fraud scam is classified as “spoofing” by the Federal Communications Commission.
With winter almost over, are you itching to get out of town? As you search for your perfect getaway, you might come across good-looking vacation rental deals that seem amazing. Unfortunately, some “steals” are posted by scammers trying to steal your money. They’ll leave you with a vacation to nowhere.
Scammers have plenty of tricks up their sleeves: fake websites that look legitimate, post gorgeous photos of homes and condos — real and fake — on property sharing sites, and get your attention with super low rental prices. You may be asked to wire money – a full or partial deposit. Either way, you arrive at your vacation destination to discover it doesn’t exist and your money is gone.
Here are some tips to help you avoid a vacation rental scam: