Fraud warning signs

By April 7, 2020Knowledge Center
fraud thumbnail
fraud thumbnail

Fraudsters are out in full force during this challenging times. Protect yourself with knowledge! If you can answer “YES” to any of the following questions, scammers could be targeting you:

  • You got an official check, money order, business check, personal check, etc., for something you sold online.
  • You’re asked to send an official check, money order, business check, or personal check for something you purchased online.
  • You’re asked to send a wire transfer, money order, or are asked to return any part of a negotiable item proceeds to a third party.
  • You have any reason to suspect that an official check, money order, business check, or personal check you receive is not valid.
  • If an official check, money order, business check, or personal check is from a business or individual other than the person buying your item or product.
  • The amount of the official check, money order, business check, or personal check is more than the item price.
  • You received a official check, money order, business check, or personal check via an overnight delivery service.
  • The official check, money order, business check, or personal check, is for communicating with someone by email.
  • You won a lottery you didn’t enter.
  • You are being paid for transferring money through your account.
  • You were told to wire, send, or ship money to a large U.S. city or to another country, such as Canada, England, or Nigeria, as soon as possible.
  • You have been asked to pay to receive a deposit from another country such as Canada, England, or Nigeria.
  • You responded to an email requesting you to confirm, update, or provide your account information.
  • You are being asked to open an account for a job offer you received online.

Don’t Become a Victim!

  • If an official check, money order, business check, or personal check is returned, you’ll be responsible for the bad check.
  • We aren’t able to tell you when a official check, money order, business check, or personal check you deposit will clear.
  • Even when we lift a “hold” on funds from a deposited negotiable instrument, that does not mean the item has cleared.
  • If funds are held by a third party, be sure it is a party you trust.
  • Always exercise extreme caution when conducting business with strangers.

If you fear you are involved in a fraud scam, contact us at TFNB immediately. We’re here to help you. If you believe you may have already fallen victim to a fraud scam, please visit the Federal Trade Commission (FTC) to file a complaint.