How to Protect Your Members from Scams
How to Protect Your Members from Scams
By David Ver Eecke, Senior Fraud Product Manager, PSCU
“Act now! Limited time offer to pay off your mortgage!” says the junk mail in your mailbox. “Click here, you have just won a free prize!” reads the spam in your email account. “You have just won a free cruise to the Caribbean!” claims the robocall on your cell phone.
Do these sound familiar? Those are just a handful of the types of scams that credit union members, their friends and family are exposed to on a daily basis. In fact, the FBI has catalogued 23 different types of scams on its website – and those are just the “most common” types.
Unwanted solicitations and too-good-to-be-true opportunities bombard consumers on a regular basis. While many individuals ignore,...
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