Tag Archives: Scams

How the Grinch Steals From the Elderly

From our friends at CUinsight.com

As many plan how to get the best holiday deals, thieves also plotting how to exploit the elderly.

According to the Better Business Bureau, seniors are the most targeted demographic for scams and fraud. They range from money transfer and cash for gift card requests, to being named a sweepstakes winner. Efforts particularly ramp up leading into the holidays.

As we head into the holidays, be on alert for a few of these BBB top senior scams. Please share this article with your parents, grandparents or a vulnerable friend or neighbor.

Free trials: Often these pop-up online with promises of a “free trial” asking consumers to provide credit card information “simply to cover shipping fees.” Unfortunately, that leads to unsuspecting victims being charged for products that are part of a program they “enrolled” in. Trying to cancel is often a nightmare.

Charity scams: With so many natural disasters in 2018, who wouldn’t want to open their wallet to help? Retirees have available savings, big hearts and it can be hard to distinguish legitimate causes. Do your research and ask as many questions as possible. Research sites like give.org to see if a charity site is real. Don’t respond to charity solicitations on the phone until you do your homework.

Fake websites: Make sure the website is secure and legit. Scammers have gotten very sophisticated in creating sites that piggyback off the reputation and name of well-known companies. If it’s the first time you are buying from a particular website, check with BBB before sharing any credit card information.

Family emergency scams:  The scammers claim to be calling on behalf of a family member who has been arrested or in an accident. They play on grandparents’ emotions to ask for money to be sent quickly. Don’t be quick to give any financial information or commitment over the phone. After hanging up, reach out to your loved ones to find out if the emergency actually happened.


We want our members to be aware of fraud schemes are out there. Stay up to date with and how to keep safe by visiting our dedicated Fraud Schemes page on our USAgencies Credit Union web page. Questions? Connect with us at 503-275-0300 Option 3 or visit us at our branch at 95 SW Taylor St., Portland, OR 97204.

Tips to Avoid Fraud This Holiday Season

From our friends at NCUA

While the holidays can be a time of celebration, they can also unfortunately be a time of higher rates of fraud. Here’s a list of tips to help you avoid becoming a victim this holiday season:

Stay Protected Online

  • Do not respond to unsolicited spam email.
  • Understand the risks of using unsecured or public wireless networks. If it’s open to the public, it’s possible that your personal information or your computer could be compromised.
  • Be cautious of email claiming to contain pictures in attached files, as the files may contain viruses. Only open attachments from known senders. Scan the attachments for viruses if possible.
  • When shopping online look for the padlock. Secured websites will have an icon of a locked padlock that appears, typically in the status bar at the bottom of your web browser, or right next to the URL in the address bar, depending on the internet browser you use. Don’t enter your personal or credit card information into a website if that icon isn’t present.
  • Never put your credit card information in an email.
  • Do not click on links contained within an unsolicited email.
  • Always compare the link in the e-mail to the web address link you are directed to and determine if they match.
  • Log directly onto the official website for the business identified in the e-mail, instead of linking to it from an unsolicited e-mail.
  • Contact the actual business that supposedly sent the email to verify if the email is genuine.
  • If your members are asked to act quickly, or there is an emergency, it may be a scam. Fraudsters create a sense of urgency to get their victims to act quickly.
  • Verify any requests for personal information from any business or financial institution by contacting them directly using their main contact information.
  • If you see something, say something. Report possible cybercrime to the FBI through the Internet Crime Complaint Center. Go to https://www.ic3.gov/default.aspx.

Package Delivery Scam

  • If you receive an email with the subject line reading “USPS Failed Delivery Notification,” or something similar, do not open it. The emails claim to be from the Postal Service and contain fraudulent information about an attempted or intercepted package delivery.
  • Clicking on the link activates a virus, which can steal personal information such as user names, passwords or financial account information. These emails look almost identical to official notifications from the real shippers by using legitimate-looking email addresses and even the official logos.
  • This scam is not limited to the USPS. Similar email and text scams are also circulating that appear to be from other shipping companies such as UPS and FedEx.

Using Public Wi-Fi

  • Using your laptop, tablet or smartphone at Wi-Fi hotspots in coffee shops, libraries, airports, hotels, universities and other public places is convenient, but often they’re not secure. If you connect to a Wi-Fi network, and send information through websites or mobile apps, it might be accessed by someone else. The bad guys are there too, shopping for your information.
  • One way scammers obtain your information is by putting out a Wi-Fi signal that looks just like a complimentary one. Choose the wrong Wi-Fi and the hacker now sits in the middle and steals your personal or financial information. When you use a Wi-Fi connection in a public place, it is better not to use your credit card.
  • To protect your information when using wireless hotspots, send information only to sites that are fully encrypted, and avoid using mobile apps that require personal or financial information.

Online Gift Card Scams

  • Gift cards purchased through online auction sites are often fraudulent or stolen. The safest way to purchase gift cards is directly from the merchant or retail store.

Stripped Gift Card Scams

  • You should also be careful when purchasing gift cards at retail stores, as well. Thieves can write down the code or use a device to scan the magnetic strip on the back of gift cards that are available on racks. Every few days, the thief will check the balance and redeem the card’s value online without the gift recipient’s knowledge.
  • When buying a pre-loaded card, always have the cashier scan the card to verify that the full amount is available.
  • Also, check to make sure that the packaging hasn’t been tampered with or damaged. This may be a sign that the gift card has been compromised, or replaced with a stripped gift card. If possible, register gift cards with the retailer for additional protection if it’s lost or stolen.

Charity Scams

  • The holidays are a time of giving. Before giving to a charity, take a look at two websites from the Federal Trade Commission on the warning signs of charity scams:
  • Also, the Internal Revenue Service has a search feature on its website that allows consumers to find legitimate, qualified charities to donate to. To learn more, visit http://go.usa.gov/cZrTF.

 


 

For additional info and resources on keeping your personal information safe, visit USACU.org/fraud