Updated 6/8/20: Our Lincoln Laboratory and Student Center branches remain closed. Our Tech Square branch is open Monday - Friday 8:30 am - 4 pm. Appointments are encouraged. Please call 617-253-2845 for an appointment. Please visit MITFCU.ORG/COVID19Support for more information.

FRAUD ALERT: Fraudsters have been sending out counterfeit cashier’s checks and money orders appearing to be issued by MIT Federal Credit Union. If you received one of these checks in payment for services as a mystery shopper, please do not cash or deposit, and do not send money to the company sending the check! Read more here.

RECENT SCAMS
RECENT SCAMS
Updated June 18, 2020

FRAUD ALERT - 6/18/20

We are aware of a scam in which fraudsters have been sending out counterfeit cashier’s checks and money orders that appear to be issued by MIT Federal Credit Union. If you received one of these checks as payment for service as a mystery shopper, it is a scam. Do not deposit the check at your bank or credit union and do not send money to the fraudsters. 

If you are a victim of this scam, please contact your bank or credit union and file a report with the FBI’s Internet Crime Complaint Center at www.ic3.gov.

For additional information on this type of scam, please visit www.consumer.ftc.gov/topics/working-home


What are the risks associated with mobile device apps?

Applications (apps) on your smartphone or other mobile devices can be convenient tools to access the news, get directions, pick up a ride share, or play games. But these tools can also put your privacy at risk.  Click here for a helpful article from the CISA and learn more about how you can avoid malicious apps and limit the information apps collect about.


Pandemic Related Scams are on the Rise

From malware-laden emails to fake donations, to scammers looking to take advantage of people waiting for stimulus checks, you need to be aware of scammers taking advantage during the current public health crisis.

Read more about coronavirus scams here.

There has also been a surge in criminal activity on mobile channels - from misinformation spread through chat groups, to malicious fake coronavirus tracking apps that can take control of your phone, and phony government relief scam texts. The following PDF infographic outlines some some of the types of scams you should be on the lookout for: Coronavirus Mobile Scam Alert 

Just remember, be cautious and...

Never click on links from texts or emails you weren’t expecting.

Be wary of anything that triggers your emotions, good or bad.

Avoid clicking on links in WhatsApp or other channels.

Only trust reputable sources and if in doubt, verify.

Additional Fraud Awareness Information

Warning Signs: That's a SCAM!

The more educated we all are, the more aware you'll be if you happen to come across a scam or attempt of someone trying to steal your identity, finances, or other personal information.

Stay on top of all the recent scams reported to the FTC here.

Informational Articles

Stimulus package scams are becoming more widespread everyday. There have been reports of various spam emails using a variety of methods, including attachments, forms, and fake testimonials, to get the recipient to provide personal information and credit card details. Read more about coronavirus scams here.

Elderly Scams: Scams targeting seniors have become so prevalent that they're now considered the "crime of the 21st century." Read more about these top 10 financial scams that target seniors here.

Tech Support Scams: Tech support scams are easy to fall for because a lot of us aren't experts in this area and believe there could be a problem with your computer (or other device) even when there isn't. Read more about how to spot, avoid and report these types of scams here.

Imposter Scams: Imposter scams come in many forms - but the goal is the same. The scammers want to earn your trust and convince you to send money. Read more about imposter scams here.

Get Rich Scams: If it sounds too good to be true, it probably is. Scammers are counting on you to not do any research before you invest your money. Investment Fraud can happen to anyone, so be sure to know what you can do to avoid it and how to spot red flags.

Fraud Videos