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Fraud Alert: How to Keep Your Accounts Safe

Scam artists are rampant and are always looking for new ways to get hold of your money. A recent scam going around the Weld County community is a phone call from someone claiming to be from Publishers Clearing House about winning millions of dollars. The caller requires a money transfer of a few thousand dollars for tax purposes in order to get the millions. The money is sent off to a stranger and no money is ever sent to the "winning" recipient.

A scam like this is designed to con individuals out of their money, and once that money is sent off it is almost impossible to get that money back. Other types of scams require an individual to deposit a check that is usually within the $1,000 to $3,000 range. The check's recipient is then required to transfer a sum of the money to a "third party" for various reasons (to pay for airfare, pay for an item, for taxes, etc.). The remaining funds are supposed to be for the individual, but the check is fraudulant, which results in the individual losing thousands of dollars. These scams are quite common, but with a little education they are easily avoidable.

Here are a few tips to keep you and those you care about safe from these types of scams

  • Don’t give out personal information about yourself to someone you don’t know
  • Never send money to someone you don’t know through money transfer services or online
  • Do not deposit checks from someone you don’t know (many fraudulent checks look legitimate)
  • Shred documents containing personal information (watch for our "Shred Fest" days)
  • Frequently check account activity to catch any odd charges (NCCU offers free online banking)
  • If you are unsure about a situation, do research. A legitimate company or representative will understand
  • If you beleive you have been involved with a scam, contact your credit union and local law enforcement as soon as possible

If you believe you have been involved in a scam, contact your bank and local law enforcement as soon as possible.

For More Information on Safety Tips or to learn more about the most current scams: