We share these true stories of member experiences to help you avoid falling victim to a scam. If you ever have questions about the validity of a request for money or information about your account, contact us.
One of our members, Silvia, had previously fallen for a romance scam, wiring funds from her account to someone she met online. We were able to convince her to stop sending money, and the scammer moved on... Or did he?
Did he just switch to a different scam? Fast forward to today.
Silvia has been sending checks to a business partner she met online. He told her if she sent him $25,000 (separated into three checks) to invest in his new business, he would repay her with interest in two weeks, and triple her money. We noticed the unusual transaction and gave Silvia a call. When she explained the reason behind the transaction, we stopped payment on the checks and saved her from losing $25,000.
Scammers keep scamming.
If you fall victim to a scam, your name is placed on a list. The scammers will return again and again with different stories and request different ways to send the funds, including wires, gift cards, money orders, checks, and even cash sent through the mail.
If you ever have questions about the validity of a request for money or information about your account, contact us. We’re trained to spot fraud and can help you avoid making an expensive mistake. You can also visit our security page for more tips.