Hi, your Members’ Watchdog here with the first in a series of posts to help you stay protected from fraud and cyber-crime.
As our members’ Watchdog, a part of our mission at SCCU is to ensure the safety of our members’ information through fraud monitoring services, information security protocols, and employee training. However, our efforts are more impactful with the support of our members.
Under the Fair Credit Reporting Act, you, as a consumer, are entitled to one credit report a year at no cost. Carefully reviewing this free credit report each year is a vital step to protecting your account from identity theft.
Check washing is a scam in which criminals use chemical alteration processes to remove or modify details from checks to make fraudulent withdrawals from victims’ accounts.
Tax preparer fraud generally occurs when tax return preparers use manipulative tactics to obtain false deductions, unallowable credits, or excessive exemptions on returns prepared for their clients, with or without clients’ knowledge.