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Scams targeting CUs across the nation
MADISON, Wis. (12/1/08)--Various scams continue to target credit unions and other financial institutions across the nation. The most recent incidents involve seven credit unions. Here are the latest:
* Bethlehem, Pa., police said 50 members of the Bethlehem Teachers FCU experienced fraudulent charges applied to their debit cards from Florida and Texas. An undetermined amount of money was involved, but the investigation is ongoing. The fraud appears to be a part of a larger, nationwide issue involving Visa and MasterCard credit and debit cards, said The Express-Times (Nov. 20). * SAMP Scranton FCU, Scranton, Pa., told the Pennsylvania Credit Union Association it received a phone call from a male with an accent who indicated he was providing service to an incapacitated credit union member. The caller said the member had asked that money be sent to her sister. He had the woman's account number and birthdate. A suspicious credit union representative indicated she knew the member and asked the caller for the woman's daughter's name. He hung up. The credit union contacted the Federal Bureau of Investigation (Life is a Highway (Nov. 26). * Martinsville (Va.) DuPont Employees CU (MDCU) reported its name and website were used in phishing e-mail, which told recipients its database had been attacked and they needed to call a number to update check card information to avoid suspension. The number listed isn't the credit union's. (WSLS10.com Nov. 26). * Vantage CU (Bridgeton, Mo.) President/CEO Hubert Hoosman Jr. told viewers of KMOV-TV, the St. Louis CBS affiliate, about a phone phishing scam using the credit union's name. The calls originated from a 408 area code in California and at least 20 people in St. Peters contacted police after receiving them. Hoosman advised anyone getting the calls to "hang up the phone immediately." (Misssouri Difference Nov. 26). * Susquehanna Valley FCU of Camp Hill, Pa., and a local police station received reports of automated phone calls warning members and non-members about "problems" with their credit union accounts, credit cards and debit cards. The calls are bogus and random, and the credit union's database was not compromised, said the police in Lower Allen Township, Pa. (pennlive.com Nov. 26). * New versions have surfaced of scams targeting IH Mississippi Valley CU, Moline, Ill., and efforts the credit union took earlier to educate its members about phishing have paid off, the credit union told the Quad-City Times Nov. 26). IH Mississippi Valley had no incidents of members being duped and providing confidential information in the current round. The latest phony messages are e-mailed from an account at the credit union and inform cardholders they have one new open issue that they must "clear here to resolve." * Cowlitz CU, Longview, Wash., said a mass e-mail informing people--both members and non-members--about fraudulent activity on their check card at the credit union is a scam. The scammers ask for the 16-digit check card number to "reactivate" the account (The Daily News Nov. 25).
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