Thursday, April 10, 2008

CUs warned of cell phone scam

ALEXANDRIA, Va. (4/10/08)—A new fraud alert from the National Credit Union Administration (NCUA) warns of a scam that involves unsolicited text messages sent to cell phones.

The message urges the recipient to call a number provided for information about account discrepancies and then seeks individual account information and pin numbers.

"Cell phone users should be (wary) of unsolicited text messages. Such messages should be deleted and all deleted text messages should be removed, if possible, as the perpetrators have been known to use Spyware in conjunction with their text message solicitation," the alert warns.

In February, News Now reported that a cell phone text-message scam was targeted against Keesler FCU, of Biloxi, Mo.

Text messages and faxes were broadcast to members and nonmembers in an attempt to get credit, debit or ATM card information. The messages appeared to come from the $1.5 billion credit union and requested that the recipient respond to the communication with the card number, personal identification number or other personal information.

courtesy of cuna.org

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