The credit union has become aware of a fraudulent scheme that has targeted some of our members. This scheme, called Card Cracking, is a very real problem and is on the rise in our area. Card Cracking happens when you allow someone else to deposit checks into your account. Most often, they will ask that the checks be deposited through remote deposit or ATM. The deposited checks are bogus and before the credit union knows they are bad, the other party has withdrawn the money from your account. The scammers will often promise to “pay” you for the use of your account. The check is counterfeit, and when it is returned, you will be liable for repaying your financial institution for the money that was withdrawn. Please, NEVER give your debit card information or account information to a stranger. Always be cautious of who you are giving your banking information to. If you have questions about your account, please let us know.
Posted on: Wed, 07 Jan 2015 23:01:12 +0000
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