Beware of Common Money Scams

Beware of Common Money Scams

Scammers are always looking for innovative ways to separate you from your money. Whether their goal is to gain access to your cash, or to gain control of your personal information so they can commit fraud, they frequently play on psychological manipulation to get you to comply. Here some common scams to be aware of:… Read more »

Action Plan

Action Plan: Recovering From Fraud

Identity theft is the illegal use of another’s personal data, such as name, birth date and Social Security number. A casually discarded receipt, a personal document or checkbook kept in a desk drawer, mail theft, and dumpster diving are all very real threats. With enough information, a fraudster may open accounts in your name, obtain credit… Read more »

Cybersecurity

Fraud Advisory: Scammers Exploiting COVID-19 Crisis

SESLOC is committed to safeguarding the physical and financial health of our members, staff and communities. During this vulnerable time, scammers and cyber criminals may try to take advantage of your concerns related to the Coronavirus (COVID-19) pandemic. They may offer you fake products, medical advice, create fake charities, or compel you to click a… Read more »

Blog header — tax season

Tax Season is Also Theft Season

Tax-related identity theft occurs when someone uses your stolen personal information, including your Social Security Number, to file a tax return claiming your refund. According to the IRS, reversing the damage caused by tax related identity theft can be a frustrating and complex process for victims. In addition, scammers will use tax season as an… Read more »

Fraud Advisory: Capital One Breach

This week, news broke regarding a massive data breach, possibly the largest ever, at Capital One Financial Corporation. At present time, they have identified over 100 million consumers who have been impacted, including current credit customers, and consumers and businesses who applied for Capital One credit products (more information can be found here). While cooperation… Read more »

SMiShing

5 Ways to Protect Yourself from SMiShing Attacks:

You may have heard of phishing — an email tactic cybercriminals use to scam victims by pretending to be a trusted source — but have you heard of SMiShing? SMiShing is like phishing, but with a text to your phone instead of an email to your computer. SMiShing messages are on the rise, in fact,… Read more »

Fraud Advisory: Caller ID Spoofing

Recently, SESLOC members reported receiving calls from (888) 4-SESLOC (our Phone Teller). This is a caller ID spoofing scam. The scammer claimed fraudulent activity was detected on the members’ account(s) and requested personal information. Please note: SESLOC will never call, text, or email members requesting confidential or personal information. Caller ID spoofing can be an incredibly effective tool… Read more »