Direct deposit scams are when a scammer tricks an individual into diverting their direct deposit into a scammer-controlled account.
- Scammers may use fake user portals to obtain your login credentials and change your direct deposit information.
- Scammers call or email impersonating someone from your company, claiming you need to verify your account or change your login information.
Remember to ensure websites and login pages are legitimate. If anyone asks you for personal information, STOP. Immediately contact your employer or financial institution directly, especially regarding changes that you did not initiate.
Mobile deposit scams are when a scammer tricks an individual into depositing fake checks using their phone.
- Scammers will request money back, sometimes claiming there was an overpayment, a processing fee, or by gaining the person’s trust with a fake job or romance.
- Scammers may ask for a wire transfer or gift cards to be sent back to them.
- When the check bounces, the scammer disappears, and you’ll be left owing money to your financial institution.
Remember to never deposit checks from people you do not know. If anyone requests that you return money or gift cards after depositing a check from them, STOP. Immediately report any suspicious activity to your financial institution and to local authorities.