Fraud Alert

Every day I read or hear about another person falling victim to fraud, but I work here at the Credit Union so it is part of my job. Most people don't realize what's happening until it's too late. The fraudsters are good and they practice a lot on innocent people. Here are a couple of stories that I can share:

One of our members gets a call and it goes like this, Grandma, it's me. I drove to Canada for my friend's wedding and I got in an accident. They are going to put me in jail if I don't pay $1,000 by the end of the day. Now, I'm not a grandma, but if I heard a panicked voice on the other end of the phone and I thought it was one of my grandchildren I might forget to ask, "Who is this?" and begin to just assume this sounds like little Billy and proceed to get wiring instructions from him. Luckily for this member they called us here at the Credit Union to wire the money. As soon as we heard the story, we asked the questions "Where is your grandson? Did you try to call him back?" As soon as she got hold of HER grandson at work she realized that it wasn't little Billy calling from Canada.

Another story is about the people that get checks for lottery winnings. Most of these checks come with a letter asking that you pay a percentage of your winnings before you collect. These letters look fairly official, but if you look closely you may notice words spelled incorrectly or the use of improper English. The checks look very real, don't get me wrong. The checks are real but the account numbers are either stolen or made up. This means that they aren't attached to an open account. If you bring one of these in, please be prepared to answer some of our questions, such as: Did you play this lottery? Don't you think it's strange that you must pay money to collect winnings? Why wouldn't they just take the fees out of your winnings?

If you ever get a call from someone asking for any personal information, please don't give it out over the phone. If you get something in the mail and you are not sure of it, please give us a call or bring it by one of our offices. We would be glad to take a look at it for you. Remember, Spokane Federal Credit Union will never call you and ask for any personal information!

Jana - VP of Member Services

  • Share:

Stay Connected

Spokane Federal is more than just your credit union, we're part of your community. Let us help connect you with your community.