One Rule of Thumb to always remember when determining a scam is “If it sounds too good to be true, then it probably is.”
We compiled 4 recent scams, how to identify them and how you can easily avoid them!
- Depositing Checks from Unknown Sources: Scammers may ask you to deposit a check into your personal account and promise you can keep a portion of the money. These checks are often counterfeit and may be returned or sourced from illegal activity – you could lose money or even become unknowingly involved in a crime. It is most likely a scam if you cannot verify where the money is coming from.
- Requests for Donations: Unfortunately scammers may feed on your personal Funds or personal convictions. They will pose as a charity and ask for personal identification data and use it to steal money and identities. If you would like to donate to a charity be sure you know exactly who they are and do not share personal and financial information like your Social Security number, date of birth or bank account number to anyone soliciting a donation.
- Requests for Account Info: Scammers may pose as your financial institution and ask for personal information. Never give out personal information unless you are 100% sure they are who they say they are. It is always ok to tell the person you would like to hang up and call the number you have for your institution to verify they are reaching out to you.
- Paying with Gift Cards: Scammers pretend to be someone they’re not to convince you to pay with a gift card. Legitimate companies or government agencies would not make this request.
You, the safety of your account, and your financial planning are our main priorities. If something feels off when dealing with your account information never hesitate to call and ask.