Member Security & Fraud AlertsText Message Fraud Alert
If you receive the following text message, please beware it is a scam. Do not call this number and contact us if you have any questions.
Due to irregularities security systems, we decided to restrict your Federal CU card. For your safety, call 1-(919)-481-9115.Automated Phone Call Fraud Alert
Credit union members and bank customers nationwide have received automated phone calls informing them their credit or debit card has been blocked. Account holders are then asked to confirm their personal information regarding their card. Please beware that this is a scam. If you receive this call, you should hang up immediately. Please contact us if you have any questions.
Risk Alert - American Bankers Association Warns Consumers Of Phishing Scams
September 2011 - New Scam Alerts
The Division of Consumer Protection in New York has posted recent scam alerts that could be affecting a number of unsuspecting individuals (CU members) in the Northeast or elsewhere in the United States. These scams could occur anywhere. Please read the below alerts that have been brought to the attention of the credit union, although, we have not had any complaints of any Market USA members being effected.
SCAM: Online 'Overdue Credit Card' notice
A new wave of online scams has popped up claiming thet "Your credit card is one week overdue". The phony emails, which have subject lines such as "Your financial debt overdue", "Payment by credit card overdue", or "Credit card overdue", include a 10-digit customer number, a pay date, and a message that reads "If you pay the debt within 2 days, there will be no extra charges. In 2 days, a $25 late fee and a finance charge will be imposed on your account". The credit card company name and account number MAY or MAY NOT be what is on your card.
Users who are tricked into opening the file attached to these messages run the risk of downloading Troj/Invo-Zip, a malicious Trojan that could give the attackers remote acess to your computer.
WHAT STEPS SHOULD YOU TAKE?
SCAM: Delinquent Loan/PayDay Loan
In these scams, a caller claims that the victim is delinquent in a payday loan and must repay the loan to avoid legal consequences. Payday loans, also known as paycheck advances, are typically is a short-term unsecured loan to be repaid at the borrower's next pay day. The callers purport to be representatives of the FBI, Federal Legislative Department, various law firms, or other legitimate-sounding agencies. They claim to be collecting debts for Internet check cashing services. While Market USA does not offer any type of PayDay loans, these tactics could be utilized for any type of loan.
At times, the callers may have accurate information about the victims, including Social Security numbers, dates of birth, addresses, employer information, bank account numbers, and names and telephone numbers of relatives and friends. The method by which the fraudsters obtained the personal information is unclear, but victims often relay that they had completed online applications for other loans or credit cards before the calls began.
The fraudsters relentlessly call the victim's home, cell phone, and place of employment. They refuse to provide to the victims any details of the alleged payday loans and become abusive when questioned. The callers threaten victims with legal actions, arrests, and in some cases physical violence if they refuse to pay. In many cases, the callers even resort to harassment of the victim's relatives, friends, and employers.
Some fraudsters instruct victims to fax a statement agreeing to pay a certain dollar amount, on a specific date, via prepaid visa card. The statement further declares that the victim would never dispute the debt.
WHAT STEPS SHOULD YOU TAKE?
If you receive phone calls such as these, you should:
September 2011 - Text Messaging Scam Alert
Below is sample text of the most recent text message received by members: firstname.lastname@example.org/VISA (Card Blocked) Alert. For more information please call 1-877-362-XXXX, or 240-349-XXXX.
The automated system will prompt you to enter any and all information associated with your debit/credit card that someone would need to make purchases against your account such as card number, expiration date, PIN #, and security code from the back of the card).
Please remember that Market USA has not and does not contact any members via text message, emails or phone calls to elicit account information or to inform you of any 'blocks' on any accounts that you hold with us. To help protect yourself from identity theft and fraud, it is VERY IMPORTANT to only call your financial institution directly, or the phone number listed on the back of your ATM, debit or credit card(s) to obtain any information about your account.
Market USA Privacy Policies
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