PCMCU wants to keep you in the know about what’s trending in fraud.
We will be posting the latest Fraud News right here to keep you on top of the latest trends.
Every day there is another fraudster with a new scheme! With education and awareness – we don’t have to be victims of fraud. We are confident that information in PCM Fraud News can teach you what situations should raise a red flag. We encourage you to monitor your accounts and statements via Virtual Branch and Mobility.
Fraud Trends
NEW June, 2023
If You Know You Know: The top text scams of 2022
“Texting is cheap and easy, and scammers are counting on the ding of an incoming text being hard to ignore.1 In 2022, they were right to the tune of $330 million in losses to text scams, as reported to the FTC’s Consumer Sentinel Network, with a median reported loss of $1,000. That’s more than double the 2021 reported losses and nearly five times what people reported in 2019.2 In fact, reports about text scams spiked in the first six months of the COVID-19 pandemic and have never returned to pre-pandemic levels.3…”
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