Safeguard Your Financial Life
What to Do if You Are a Victim of Fraud
Here we’ll cover all the details on what to do if you are a victim of fraud. Plus, empower yourself by learning how to prevent future financial scams.
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NCUA vs FDIC insured
- NCUA (National Credit Union Administration): Insures deposits in federally insured credit unions up to $250,000 per depositor. It is the credit union equivalent of the FDIC.
- FDIC (Federal Deposit Insurance Corporation): Insures deposits in federally insured banks up to $250,000 per depositor. It protects depositors in case of bank failure.
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Phishing
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Fraud
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Common Financial Scams
01.02.2025 Immigration Scam
Scammers are posing as attorneys and law firms on social media, offering fake immigration services. They may promise work permits, green cards, or citizenship in exchange for money. If you engage with posts on Facebook or other platforms, they may contact you with offers to "help" with immigration paperwork, asking for payments through Western Union or Zelle. Be cautious: real USCIS appointments are scheduled via mail or your MyUSCIS account, never through Zoom or WhatsApp.
To report fraud, call OneAZ at 844.663.2928 or start at ftc.gov/PassItOn.
12.10.2024 Job Offer Scam
Be cautious of job offer scams sent via text message, especially if you didn’t apply for the position. Scammers may impersonate well-known companies to lure you into sharing personal information. If you receive a job offer by text from a company you didn’t apply to, it’s likely a scam.
To report fraud, call OneAZ at 844.663.2928 or start at ftc.gov/PassItOn.
11.29.24 Holiday Shopping Scam
Stay safe on this shopping holiday! Before you buy, do some research about the merchant before you buy, check the terms of the sale pay by credit card, and never buy from online sellers who demand you pay with gift cards, wire transfers, payment apps, or cryptocurrency. Only scammers tell you to pay that way.
To report fraud, call OneAZ at 844.663.2928 or start at ftc.gov/PassItOn.
Stay informed on trending scams and fraud activity.
Visit OneAZcu.com/Security
To report fraudulent activity, call 844.663.2928.
Savings Frequently Asked Questions
Deposit your money in a NCUA-insured credit union for protection against loss or theft.
- Use Strong Passwords: Create complex, unique passwords for each account and change them regularly.
- Two-Factor Authentication (2FA): Always enable 2FA for an added layer of security.
- Be Cautious of Phishing: Avoid clicking on links in unsolicited emails or messages. Always verify the sender before sharing any personal information.
- Monitor Your Accounts: Regularly check your financial statements for any unauthorized transactions.
If you are a victim of fraud, contact your financial institution right away to report the incident, file a police report, and notify credit bureaus.
Report scams involving your bank accounts or cards to your financial institution first. Report fraud or scams to the FTC at IdentityTheft.gov. You should also file a police report.
It depends on the type of fraud and how quickly you report it. If you report the fraud promptly, most banks will reimburse you for unauthorized transactions. The Electronic Funds Transfer Act protects consumers from unauthorized electronic transfers. If you are a victim of a scam (e.g., sending money to a fraudulent person or organization), it’s harder to get your money back. You should still report the incident to your bank or credit card company, which may be able to reverse the transaction in certain cases.
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What to Do if You Are a Victim of Fraud
Here we’ll cover all the details on what to do if you are a victim of fraud. Plus, empower yourself by learning how to prevent future financial scams.
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