Category: Fraud
Don’t Get Hooked: Common Banking Phishing Scams to Watch Out For
February 19th, 2025
Hackers and other online criminals relentlessly deploy phishing scams in hopes of tricking hard-working people into giving them personal identity information, access to financial accounts, or making other missteps. At Members Plus Credit Union, we are keenly aware of the risk hackers pose. We hope t...
Reduce Fraud this Holiday Season with These Tips
December 18th, 2024
Holiday Season Fraud Prevention During the holiday season, consumers are more susceptible to various forms of fraud. The best way to reduce fraud is to understand red flags and stay a step ahead of scammer. The most common form of fraud found in the banking industry is a result of social engineering...
Mortgage Wire Fraud: Protecting Your Home and Finances
July 17th, 2024
While the electronic transfer of funds and other online financial options make it so much more convenient to do business such as buying a home, it is not without fault, which often comes to light in the form of mortgage wire fraud. It is important for home buyers to protect their money from scammers...
Spring Cleaning? Don’t Forget Your Digital Life [Checklist]
May 10th, 2023
When it comes to spring cleaning, nowadays, there are more things that need attention besides removing dust bunnies and cleaning windows. In today’s technology reliant world, it is also important to make an annual plan for spring cleaning of your digital life. The truth is that we all have one tha...
Avoiding Online Financial Scams in the Digital Age [Top 7 Safety Tips]
February 9th, 2023
We hear the occasional news about hackers stealing millions from large corporations and warnings about securing our devices. But sometimes, a disconnect exists between the splashy headlines and dark warnings. Truth be told, hackers target community members more frequently than big companies. The fol...
Avoiding Fraud During the Holidays – Top Tips to Stay Safe
November 10th, 2021
In a perfect world, we’d all enjoy the holidays free of drama and fraud, and financial predators would take a long overdue vacation. We don’t live in a perfect world, and digital scammers are more likely to target honest people during the holidays. According to reports, hackers ramp up their eff...
How to Prevent Identity Theft Online [Top 15 Tips]
June 30th, 2021
Each year the number of consumers who have been the victim of stolen identity from a web scam rises. Currently, over a billion consumers have experienced identity theft online that has wreaked havoc on their personal finances and lives. It can be a true nightmare to fix the issues that occur when yo...
Identity Theft Statistics You Don’t Know & How to Stay Safe
August 2nd, 2019
Every year, billions of dollars are lost from cyber scams. Computer hackers steal personal information that allows for identity theft. This type of crime can impact individuals, families, and even large scale corporations. Protect yourself from allowing this to happen by better understanding the lat...
How to Prevent Identity Theft Online [Top 10 Tips]
May 28th, 2019
Unfortunately, billions of consumers have their identity stolen by con artists and identity thieves each year. Today’s modern cybercriminals are good at their “jobs.” They are a crafty bunch and have thought of just about everything they can to scam you and steal your identity. Identity theft ...
Preventing Tax Return Fraud
February 7th, 2017
Identity theft continues to be a booming business: In 2014, 17.6 million Americans fell victim, and cybercriminals made off with $15.4 billion. And tax refund theft remains a lucrative piece of that business, despite the IRS’ efforts to stamp it out. How do hackers do it? In one scam, they fil...