Scam Alert: Beware Child Tax Credit Scams

Security and Scams

The Child Tax Credit, a part of the American Rescue Plan Act of 2021 that takes effect in July, is already drawing the attention of scammers. The newly expanded Child Tax Credit (CTC) will provide monthly payments of up to $300 per child for approximately 40 million households across the country. Payments will be issued via direct deposit, paper check, …

Beware Coronavirus Vaccine Scams

Security and Scams

There is finally a light at the end of the socially distanced tunnel – the FDA has approved two coronavirus vaccines. Detailed plans to distribute from pharmaceutical companies Pfizer and Moderna are already underway, with additional vaccines expected to gain FDA approval in 2021. Unfortunately, whenever there’s big news, scammers aren’t far behind. Almost as soon as the news of …

Beware of Debt-Collection Scams

Security and Scams

No matter what’s going in with the economy, debt-collection scams are always around.  Now, scammers are exploiting the financial downturn by tricking unsuspecting victims into paying for debts that don’t actually exist or using abusive tactics to collect legitimate debts. Don’t be the next victim of a debt-collection scam. Here’s all you need to know about these scams: How the …

8 Ways to Spot a Counterfeit Bill

Security and Scams

The COVID-19 pandemic has brought with it a wave of scams, with no signs of slowing down. These scams are also producing a surge of counterfeit bills into circulation. Using cutting-edge technology, scammers create bills that look just like the real thing to the untrained eye. Unfortunately, once counterfeit bills are passed, their new owner can become liable for passing …

Beware Unemployment Scams

Security and Scams

Tens of millions of Americans have found themselves out of work as the economy reels from the impact of COVID-19. A record 22 million Americans have filed for unemployment insurance in the four weeks leading up to April 11. Unfortunately, when there’s bad news, the scammers aren’t far behind. According to the Federal Trade Commission (FTC), Americans have lost a …

Fraud Protection Tips Help Combat Surge in Consumer Fraud Due to Coronavirus Outbreak

Security and Scams

A top priority for us at Directions Credit Union is the financial safety of our members. Unfortunately, we have recently seen an increase in fraud activity. Criminals are using the current coronavirus pandemic to make their fraud attempts more relevant in addition to preying on people’s concern and fear. To help concerned citizens avoid scams, members of the integrated Directions …

Do You Know These 8 Coronavirus Scams and Myths?

Security and Scams

Crisis and disaster headlines typically generate misinformation and scammers try to take advantage of the situation. The novel coronavirus is no different. Scammers want to collect your personal or financial information or get you to download malware to do the same thing. Or they may be selling products they claim to cure or prevent the virus. They will use emails, …

Coronavirus Email and Donation Scams

Security and Scams

With the current state of the Coronavirus, there are already scams trying to get donations and sending spam emails. Opening a spam email installs malware to get sensitive information off of your computer. Keep an eye out for email subjects like “How to protect yourself from COVID-19.” With people worrying about how to protect themselves, this is an easy way …

Beware The 2020 Census Scam!

Security and Scams

We have answered all your questions about the 2020 census! Every 10 years, the Census Bureau makes an effort to count every person living in the U.S. Though the process won’t start until mid-March 2020, the Federal Trade Commission (FTC) is already warning of scammers exploiting the process to con you out of your sensitive information. That’s why it’s important …

Beware The Fake Check Scam Targeting College Students

Security and Scams

There’s recently been an uptick in fake check scams targeting new college students. Young adults make excellent targets. In fact, according to the BBB Institute for Marketplace Trust, consumers ages 18 to 24 are three times more likely than seniors to fall prey to a scam. Also, the BBB’s ScamTracker Risk Report of 2018 found that 41.6% of students reported …