Fraudsters are lurking around every corner. From social security scams to social media giveaways and home improvement scams, it’s important to stay vigilant and informed. Let’s dive into these scams and learn how to protect ourselves from falling victim.
For practical guidance on protecting online accounts, visit Noven CreditUnion’s Security and Fraud Awareness resources.
Now onto this month’s Fraud Watch roundup!
A caller or message claiming to be from Social Security may threaten your benefits or demand immediate payment. The Social Security Administration warns that scammers impersonate agency staff and may ask people to pay or hand over money. Do not use contact details provided in the message. Verify the claim through an official SSA channel, and report suspected scams to the Social Security Administration Office of the Inspector General.
Scammed by Social Security Administration impersonators? Please report it to the Office of the Inspector General.
We’ve all seen the social media giveaways in an effort for influencers and companies to grow their online presence in exchange for a free gift. However, scammers create fake giveaways or contests, promising non-existent prizes. The “rules” request personal information to participate. Once you hand over this information, they can use it for identity theft or other fraudulent activities.
Be cautious of giveaways that seem too good to be true, and never share your personal information with anyone or company you don’t know and trust.
Home improvement scams often involve contractors who offer unrealistically low prices for services, pressure homeowners to make quick decisions, or use substandard materials. They may also fail to complete the work as promised or charge additional fees for unexpected costs or materials.
Homeowners should be wary of contractors who avoid providing written contracts or references.
You can reduce risk by verifying unexpected requests independently, protecting passwords and one-time codes, and reporting suspected fraud.
For general steps and verified reporting channels, visit Security and Fraud Awareness. For online banking login help, use Bank Online Help.
Source of this month’s scam information:
Social Security:
https://oig.ssa.gov/assets/uploads/scam-alert-handing-off-money-to-agents.pdf
Home Improvement:
https://www.nar.realtor/magazine/real-estate-news/sales-marketing/5-signs-of-a-home-improvement-scam
