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News Now

CU System
Maine warns of credit card advance fee scam
AUGUSTA, Maine (8/20/10)--A Maine credit union has reported an “advance fee” credit card scam that prompted Maine’s attorney general to issue a warning to consumers. PeoplesChoice CU, a $120 million-asset, Saco, Maine-based credit union, reported a scam in which fraudulent callers claiming to represent PeoplesChoice offer a credit card in exchange for $200 and bank card information (sunjournal.com Aug. 19). Maine Attorney General Janet T. Mills said a so-called “advance fee” credit card requires pre-payment and bank account information to receive a credit card with a $2,000 credit line, the newspaper said. During the past three weeks, the credit union received 25 phone calls from people contacted by the scammers, Mills told the paper. “PeoplesChoice CU has nothing to do with this illegal offer,” Brenda Piecuch, the credit union’s compliance manager and information security officer, told the paper. Consumers should never give bank account information over the Internet or phone without confirming the identity and location of persons soliciting the information, Mills wrote in her warning. “Verify, verify, verify,” she added.


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