Gift cards are a popular and convenient way to give someone a gift. They’re also an increasingly common way for scammers to steal money from you.
Over the last few years, social media scams have exploded, with fake Twitter and Facebook profiles increasing by 100% in just one year. That also means there are several types of social media scams, most which involve a phishing scheme component.
Here’s how it happens: Scammers try to “friend” you by creating a bogus profile or cloning the profile of someone you know. Then, they’ll get you to share personal information by asking you random questions. Meanwhile, you’re unknowingly giving away the security questions for your personal passwords. By the time you realize what’s happened, it’s too late. Other social media scams involve fake offers and promotions. To get your hands on the goods, though, you’ll first need to share your personal information.
In another scam, fraudsters reach out to you while impersonating Louisiana FCU. They’ll claim to have incredible rates on loans. And, if you apply for this “loan,” the scammers might empty your accounts or trick you into making upfront payments to qualify. Here’s how to spot, prevent and react to social media scams:
At times, we may provide links to sites outside the control of our institution. We do not make any representations concerning the linked sites' contents or availability. You should review each site's privacy and information security policies carefully before you enter confidential information. Deposit and loan products offered by: Louisiana Federal Credit Union, a division of OnPath Credit Union, Member NCUA, An Equal Housing Lender Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government National Credit Union Administration, a U.S. Government Agency.
© 2024 Louisiana Federal Credit Union, a division of OnPath Federal Credit Union. All Rights Reserved.
Disclosures | Routing # 265476411 | Accessibility Statement
Privacy Policy
NMLS ID 414399