top of page
  • Writer's pictureBay Atlantic FCU

Cash Fraud Affecting Members

During the holidays and end of the year, we usually see an increase in fraud. This year, we’re finding that criminals are evolving—trying to avoid the US Postal Service and electronic services in favor of in-person scams.

We recently had a member fall victim to this type of scam. They received a call and was told their son had been involved in an accident and needed money. After the member made the withdrawal, the scammer came directly to their home address to pick it up.

 

If anyone unfamiliar should contact you claiming there is an emergency, you should always be cautious and seek to verify the information with a trusted party before acting. In this case, the member could have reached out to their son, other family, or the police to confirm the claim. Scammers try to pray on fear and panic in hopes that you will act rashly.

 

Never hesitate to contact the credit union for guidance. Your financial security is our number one priority, and our representatives will always help you evaluate the legitimacy of a request or transaction.

 

Please be vigilant for yourself, your loved ones, and your neighbors. Anyone can fall victim to financial fraud.

Comments


SHARED BRANCH LOCATOR  |   DIRECT DEPOSIT FORM   |   MONEYPASS ATM LOCATOR   |   CONTACT US   |   CHECK REORDER   |    SITE MAP   |    ROUTING NUMBER 231278821 
bottom of page