MoneyWisdom Blog

Scam Alert: Beware of the Fake IRS Refund Check

Posted by Diana Burrell on Mar 26, 2018 7:00:00 AM

It’s tax season and a new scam involving stolen data from tax professionals, fraudulent tax filings, and erroneous checking account deposits has law enforcement and the Internal Revenue Service (IRS) on high alert.

Here’s how the scam works and what to do if a mysterious tax refund appears in your checking account or mailbox.

Read More

Topics: Checking, scams, security

Online Dating Scams: Breaking the Heart and the Bank

Posted by Sandra Quadros Bowles on Feb 5, 2018 1:09:01 PM

She opens her messages from the online dating site and her heart skips a beat.

Someone wants to meet her. But not just any man. He is the man of her dreams, dreams sparked the first time she watched An Officer and A Gentleman and enhanced by a decade of Lifetime movie-watching.

In his photo, he sports a military uniform and is dashing, clean cut, a man of action.

Read More

Topics: scams, security

6 Security Steps for Protecting Personal Information

Posted by MoneyWisdom Newsletter on Jan 17, 2018 4:53:33 AM

With increasing news reports about data breaches, take precautions now to protect your identity:

1. Check your credit report.
As a member of Hanscom FCU, you can request a free copy of your credit report. Visit www.hfcu.org/score to learn more.

Read More

Topics: security

Owner beware: Scammers target small businesses with these schemes

Posted by Hanscom Federal Credit Union on Dec 30, 2017 7:00:00 AM

The three-letter message on the caller ID strikes fear in any American’s heart: IRS. You pick up the phone, nervously, to hear a somber voice with an unsettling message.

“This is the IRS,’’ the voice intones, confirming the caller ID information. Adjustments have been made to your tax account and an immediate payment is due, the caller is informed. Payment must be made over the phone by cash, wire or services, such as MoneyGram. Even iTunes gift cards will suffice. If not, police will be at your location within an hour.

Reading about such an incident should trigger internal alarm bells. This kind of

Read More

Topics: scams, security, Business

Teachers School Us on Social Media Use

Posted by Hanscom Federal Credit Union on Nov 20, 2017 7:00:00 AM

Information breaches are becoming the norm rather than the exception these days. Equifax. Yahoo. Verizon. Facebook.

The list goes on, yet most people don’t change how they live in and use the online stratosphere. They think it won’t happen to them, or the effects won’t be life-changing. What they don’t realize — usually until it’s too late — is: It does and it is.

So, what steps can you take to safeguard your identity while still enjoying social media?

Read More

Topics: security

4 Ways to Send Money for the Holidays

Posted by Patti Conty on Nov 8, 2017 7:30:00 AM

My grandmother, known to all as Nana, always sent a little something to her grandchildren for birthdays and holidays. Once she tucked a few dollars inside a Halloween card when I was at college, telling me to spend it however I wanted. “Even on pizza,” she wrote.

Read More

Topics: Money Management, Holidays, security

Top Precautions to Take Following the Equifax Hack

Posted by MaryJo Kurtz on Sep 8, 2017 1:21:43 PM

On September 7, consumer reporting agency Equifax announced that hackers gained unauthorized access to its data files. As many as 143 million people, mostly in the United States, are potentially impacted by this breach. The company also identified criminal access to information involving residents of the United Kingdom and Canada, adding that no other countries were affected.

Read More

Topics: scams, security

Hurricane Harvey: How to Donate Wisely and Avoid Scams

Posted by Hanscom Federal Credit Union on Aug 30, 2017 1:17:53 PM

Hurricane Harvey has been wreaking havoc in Texas since it made landfall on Friday August 25, 2017, with heavy rains, damaging winds and flooding expected to continue for days. It began as a Category 4 hurricane when it reached Rockport, Texas, and has stalled over the state, which accounts for the record-breaking rain, predicted as high as 50 inches of rainfall for the entire storm by some forecasters. 

Read More

Topics: scams, security, Charity

"Can you hear me now?" phone scam: 5 ways to protect yourself

Posted by Hanscom Federal Credit Union on Mar 8, 2017 8:00:00 AM

There’s a new phone scam sweeping the country. The “Can you hear me now?” scheme attempts to record your voice over the phone. (When you pick up the phone, you’ll hear someone ask, “Can you hear me now?”) The scammer then records and uses your “yes” response to sign you up for a product or service – and demand payment.

If you refuse to pay, the criminals may threaten you with legal action, citing your “yes” as proof.

To protect yourself, the Better Business Bureau offers five helpful tips:

Read More

Topics: security

5 Current Scams Reported by the FTC

Posted by MaryJo Kurtz on Feb 7, 2017 1:14:06 PM

Scamming continues to challenge our pocketbooks and our personal security. Scammers are so savvy in their methods of luring victims that it can be difficult at times to distinguish what is legitimate from what is a scam. To help all of us, the Federal Trade Commission (FTC) regularly reports on popular scams in circulation. Here are five recent warnings:

Read More

Topics: security

Add a Comment

Subscribe to MoneyWisdom Blog Updates

     
Is Investment Property Ownership Right for You?

Posts by Topic

Recent Posts