Fraud Types 1
This type of fraud involves online dating or love matters.
What are romance scams?
This allows you to send payments without sending your account information through the mail.
What is bill pay?
An older client requests to withdraw a large sum of cash & is accompanied by a person who is trying to control the situation.
What is elder abuse?
This scam targets college students.
What is scholarship/grant fraud?
This scam usually involves being a mystery shopper or paying for a job application.
What is employment fraud?
This allows how and where a client's payment cards are used.
What is SecurLOCK?
A client makes withdrawals at 3 branches, none of which are her home branch.
What is avoiding detection?
When you sell something online & the buyer sends extra asking you return some of the funds.
What is overpayment scam?
An email message sent to a business that comes from a known source that appears to make a legitimate request such as an invoice due.
What is business email compromise?
This product allows a business client to identify legitimate check & ACH transactions to prevent fraudulent transactions.
What is positive pay?
What is fake check fraud?
A client is notified they won a prize or large sum of money.
What is lottery/Publisher's Clearing House fraud?
A scam that tricks an individual into making an "investment."
What is cryptocurrency fraud?
This allows the customer to keep up with their transactions 24/7.
What is online banking?
Client withdraws a large sum of money to purchase an item off the internet using a Bitcoin ATM.
What is online purchase fraud?
This is the most common form of fraud for both businesses & consumers.
What is check fraud?
What is pig butchering?
Rather than writing a check a business client can utilize 1 of these 3 products.
What is ACH origination/Wires/Commercial Bill Pay?
Client is contacted by a person claiming to be from IRS & they owe back taxes.
What is a government impersonator scam?
What is ACH fraud?