08
| |
Spring 2016
As part of American
Airlines Federal
Credit Union's ongoing
commitment to your
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helpful tips and IL^QKM on
modern fraud schemes
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recent surge. These fraud
schemes come in many
different forms — so stay
alert and remember the
old saying: "If it's too good
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Most often, scammers will contact you
asking you to send money back to
someone who is handling an inheritance
or lottery or prize winnings. However, they
might also involve a loan application, a job
you were hired to do or a friend who needs
help. The end result, however, is usually the
same — you fall victim to a criminal.
These scams can cost victims up to
$1,000, with some costing upwards of
millions of dollars. Be aware. However
tempting the offer may seem, don't fall for it.
Here are some telltale warning signs
that an unsolicited text, phone call or email
might be a potential scam. Watch out if it
asks you to:
• Provide assistance in accessing funds
held in a foreign country by paying
taxes or other fees
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signs of common
fraud schemes