A common scam that is targeting area residents is checks being delivered via mail with instructions to send a portion of that check to another location, usually by Western Union™, MoneyGram™ or money order. It may seem legitimate because the instructions also state to keep a small dollar amount for your time and trouble spent. However, the check you deposited into your Catholic Federal Credit Union account may come back as a fraudulent item. If you withdrew the funds, your account will be debited the amount of the check, which often times results in a large sum of money being owed to the financial institution.
Other Common Scams Include:
Lottery Checks – these mailings generally consist of Lottery winnings, sometimes from a reputable lottery organization or foreign country. An important question to ask yourself is, “have I ever played this lottery?”
Work from home scams – be very careful when contacting agencies offering “Work from Home” opportunities. Scam artists have found it easy to prey on the unemployed.
Recorded phone calls – phone calls requesting that you enter your credit card number, expiration date, and/or security code are not legitimate phone calls. Financial institutions already have this information.
E-mail solicitations – messages received via e-mail requesting personal account information should be immediately deleted. Do not click on links within these messages as it could redirect you to a hazardous site.
Text messages – cell phone text messages notifying you of a problem with your debit or credit card are becoming popular. Typically these messages have included a phone number to call to verify personal card information. If you bank with a financial institution that offers text messages, contact them directly to check out the situation.
Online Auction sites – if you sell and item using an online auction site, such as Ebay or Craig’s List, be cautious of accepting payment via check. Some scam artists have found success in sending a check made payable for more than the item was sold for and request that you send the overage back to them.
If you have received a check in the mail and question the validity of the item please notify the credit union immediately - we are here to assist you and can take necessary steps to verify that item and protect your account.
* Remember to be cautious when giving out any personal information over the phone, Internet or in-person. CFCU will never solicit members for personal or account information.*