The FBI recently sent out an alert about a multi-step con that’s draining Americans’ nest eggs—especially people nearing retirement. The “Phantom Hacker” scam doesn’t rely on a single scary encounter; it strings together coordinated impersonations to trick you into “protecting” your money by handing it over to the scammer. If you’re unfamiliar with the Phantom Hacker scam, keep reading to learn how it works and the simple things you can do to shut it down.
Can an employee of the Credit Union fall for a scam? In short, yes. In this blog, I’ll share how I almost fell for a government impersonation scam and provide tips to help keep you safe. Read more.
Congratulations! You’ve completed your tax return and submitted it to the IRS on time. All you have to do now is sit back and wait for that sweet return if you’re owed one. You’re not the only one excited about tax refunds. Scammers love them, too. And with the IRS making the news, scammers are using this as an opportunity to deceive people.
Anyone at any time can be a victim of fraud. Unfortunately, there’s one group that scammers and fraudsters continue to target: Individuals 60 years old and older. Read more.
The money mule scam is when someone sends you money and asks you to send all or a portion of it to someone else. Scammers often ask you to buy gift cards or wire money. The money they provide to you is likely stolen, and they are trying to launder it.
he 2×2 System is where you set aside two hours on the calendar two times a month to complete a predetermined financial task. This modest but consistent effort can help you sustain financial health and build wealth in bite-sized chunks.
dentity theft is the crime of obtaining another person’s personal or financial information with the intention of assuming that person’s identity to make purchases or borrow money. If you become a victim of identity theft, you may feel upset and overwhelmed knowing someone has access to your private information. However, remember that recovering from identity theft is possible.
In the modern world, almost everyone holds a credit card. Reportedly, almost 8 in 10 American’s have at least one credit card and there were 365 million open credit card accounts in the U.S. as of end of year 2020 according to the American Bankers Association.
