Shielding members from COVID-19 fraud
Fraudsters use a variety of tactics to exploit fears about the coronavirus.
Fraudsters are leveraging fears over the coronavirus as an opportunity to scam financial institutions and consumers. Credit unions are taking steps to warn and protect their members.
Wright-Patt Credit Union, Beavercreek, Ohio, yesterday alerted members to watch out for scammers who are taking advantage of concerns over COVID-19.
Fraudsters are posing as the CDC Health Alert Network to steal personal information, according to an email Wright-Patt sent to its members.
Sidney (N.Y.) Federal Credit Union also is sounding warnings about a scam where members receive phone calls and text messages that appear to be from the credit union asking for personal and online banking information.