To help our customers protect their personal financial information and their banking accounts, North Brookfield Savings Bank shares security alerts that cover fraud activity, scams and breaches. Check back often to stay informed on the latest security threats that could affect you.
May 2020 – Unemployment Payment Scam – According to the United States Secret Service, investigators see evidence of a sophisticated international fraud network that is committing a massive scheme against multiple state unemployment insurance programs, including the Massachusetts Department of Unemployment Assistance. The fraud network is believed to consist of hundreds, if not thousands, of mules or intermediaries, willing or unwitting individuals, who are enlisted to help launder the proceeds of fraudulent financial transactions, which could potentially tap into millions that were meant for U.S. unemployed citizens. Learn more about the Unemployment Check Scam.
October 1, 2019 – Fraudulent Check Example – Occasionally we have customers visit our branch with fraudulent checks inquiring whether the check and letter they have received in the mail is legitimate. Our staff is very attuned to these scenarios and does their best to prevent damage to the customer. However, it is also important for you, as the customer, to know what to look for.
Below is an example of a check that is NOT legitimate. This check was accompanied with a letter containing detailed instructions on how to handle the check. View the letter here. Most often, if the offer sounds too good to be true, it probably is too good to be true.
To learn more about the different Ways to Avoid Fake Check Scams on our blog.
Federal Trade Commission (FTC)
Most Recent Scam Alerts
The Federal Trade Commission provides access to the most recent scams that could affect you.Learn more
Federal Bureau of Investigation (FBI)
Scams and Safety – Common Fraud Schemes
Learn about some of the most common scams that the FBI encounters and tips to prevent you from becoming a victim.Learn more
Massachusetts Department of Justice
Scams and Identity Theft
The Massachusetts Department of Justice shares various types of scams and information about identity theft.Learn more
Common Types of Fraud & Scams
Usa.gov helps you to learn about the most common types of fraud and scams so you don’t become a victim.Learn more
10 Scams Targeting Bank Customers
The FDIC has provided this resource to help you learn to protect yourself from these 10 scams that could affect you.Learn more