Monson Savings Bank Shares Four Signs That It's a Scam
Scammers use many methods to trick their victims. At Monson Savings Bank, we want to do everything possible to prevent customers, community members, and businesses from falling victim to scams. Here are four signs to look for to know if you are being scammed.
#1
Scammers PRETEND to be contacting their victims on behalf of known companies or the government, like the social security administration. They make up a name that sounds “official” like utility companies or charities.
SPOOFING: Technology may be used to change the phone number that appears on the caller ID.
#2
Scammers say there is a PROBLEM or a PRIZE.
- Money Owed
- Family Emergency
- Problem with an Account
#3
Scammers PRESSURE their victims to act immediately and leave no time to think!
The Scammer might threaten to arrest or sue them, revoke license or worse.
They may state there is a virus on their computer and they need immediate access to fix the problem.
#4
Scammers say to PAY in a specific way.
- Money Transfers
- Gift Cards
- Money Orders
- Wire Transfers
- Person to Person Payment
- Virtual Currency
In some cases, the Scammer will send a check [counterfeit] with instructions to deposit the funds and send funds back!
SCAMMERS may also ask for online banking credentials and make a mobile deposit to their victim’s account to fund the required payment.
DO NOT SHARE YOUR BANKING INFORMATION!
The best way to protect yourself from falling for any type of scam, is knowing what to look out for. Monson Savings Bank is dedicated to sharing information on various scams and strives to help keep our customers and community members safe. For more information, visit our Safety and Security Blog.
