Fraud is a term that has become part of our everyday vocabulary. You probably hear variations of fraud ranging from identity theft, online fraud, such as phishing and pharming, to offline fraud, including credit card, phone solicitations, print fraud, check scams, and mail fraud. You can help protect your personal information and accounts by using caution when providing confidential information. Also, by keeping yourself updated on the latest fraud alerts, you can help prevent yourself from becoming a victim.
By keeping on top of your transactions, you can spot any suspicious activity. With online banking you can view your transactions 24/7.
Tips on how to help identify fraud:
You are your own best protection against fraud. By staying informed, you can help protect your identity and accounts.
Be wary of telephone scammers. If you receive a call from someone asking for personal and account information, call the company back using a phone number you know is legitimate.
Scammers use fraudulent contact information such as mailing addresses, phone and fax numbers and claim to be “third-party consultants.” When unsuspecting consumers contact the scammers, the callers are asked to provide their personal and account information. Scammers then tell applicants that their loans have been approved but that they first need to make an advance payment or deposit before the loans can be advanced by wire transfer.
Scammers may deceive clients into responding to an illegitimate online or newspaper advertisement or may victimize clients by paying for goods with a stolen or counterfeit check for more than the agreed upon amount. The clients are then asked to return the overpayment either by a wire transfer or an official check.
Scammers may steal or tamper with your mail. Be sure to pick up the mail daily. Drop your mail in an official postal mailbox.
At Summit Community Bank, the protection of all your assets – including your identity – is our top priority. There are many things you can do to help secure your identity and your accounts. Here are some tips to follow.
Protect your computers like you protect your checkbook. The following tips will help you protect your computer and your online accounts:
Many scammers randomly generate email addresses – that’s why you may have received fraudulent emails that appear to be from banks you do not have an account with. They also purchase mailing lists, obtain email addresses online from Web pages, chat rooms, online auctions, and directories or from illegitimate sources.
If you believe you may be a victim of Identity Theft, you should: