Fraud Protection Tips
During the coronavirus pandemic, it is more important than ever to be vigilant about potential scams and fraudulent activity. To protect yourself, remember some important Dos and Don’ts.
- Use trusted sources, such as your federal, state and local government websites for up-to-date, fact-based information about COVID-19.
- Verify a charity’s authenticity before making donations. Review the Federal Trade Commission’s page on Charity Scams for more information.
- Talk to a trusted advisor before sending money to someone you have never met.
- Click on links in unsolicited emails.
- Open email attachments from an unfamiliar source.
- Reveal personal financial information over email or on a social media platform, or respond to solicitations for this information.
For additional information, visit the Federal Trade Commission’s website here.
FDIC: Insured Bank Deposits are Safe; Beware of Potential Scams Using the Agency's Name
From the FDIC
In light of recent developments related to the coronavirus, the Federal Deposit Insurance Corporation (FDIC) is reminding Americans that FDIC-insured banks remain the safest place to keep their money. The FDIC is also warning consumers of recent scams where imposters are pretending to be agency representatives to perpetrate fraudulent schemes.
Since 1933, no depositor has ever lost a penny of FDIC-insured funds. Today, the FDIC insures up to $250,000 per depositor per FDIC-insured bank. An FDIC-insured account is the safest place for consumers to keep their money. Continue reading >>>