Timely Topics:
QR Code Scams Are Out Of Control – How To Protect Yourself
Imagine losing $15,000 in just a few seconds. It happened to a woman who scanned a QR code to take a survey and instead downloaded malware that drained her bank account. QR codes are those black-and-white dot-based images you scan to open websites, menus and apps. You name it. But they’re also a sneaky way in for scammers, so much so that the FBI is warning you to think twice, too.
From “Kim Komando” Allie Seligman
Credit Card Debt Relief That Isn’t
The FTC recently announced settlements with the operators of a deceptive debt relief scam. The FTC sued the three operators and their related companies (which went by multiple names including ACRO Services) for taking tens of millions of dollars from people by falsely promising to eliminate or reduce their credit card debt. The scam charged people fees in the thousands of dollars and even told them to stop making payments to their credit card companies — leaving people in a far worse position — with damaged credit and owing their original debts plus thousands in fees and interest.
From “Federal Trade Commission” Jim Kreidler
Do You Practice Safe Checks? It should come as easily as airline safety, so buckle up for this one. Despite the fact that check use has declined by 25%, reports of check fraud have soared. In fact, they’ve nearly doubled since 2021. Criminals are becoming more sophisticated and finding new ways to steal your financial […]
Learn More About Practice Safe ChecksProtect Yourself from Scammers According to a recent alert to banks from the Financial Crimes Enforcement Network, part of the Treasury Department, criminals have been increasingly targeting the U.S. Mail and United States Postal Service mail carriers since the COVID-19 pandemic to commit check fraud. Criminals typically steal personal checks, business checks, tax refund checks, […]
Learn More About Check Theft & FraudSouth Atlantic Bank and the GoVA Foundation speak on current scams directed at military families and tips to detect and fight off fraud. The GoVA Foundation is a 501(c)3 nonprofit delivering free, comprehensive financial education to service members, Veterans, and military families nationwide. We are proud to partner with the GoVA Foundation to assist in […]
Learn More About Mission Financial Security: Defending Against Today’s ScamsLowcountry Legal Volunteers (LCLV) has received a $200,000 grant from the Federal Home Loan Bank of Atlanta (FHLBank Atlanta), administered through South Atlantic Bank, to deliver 225 wills and heirs’ property education and prevention services across Beaufort, Jasper, and Hampton counties. This funding, part of FHLBank Atlanta’s 2024 Heirs’ Property Family Wealth Protection Program, will […]
Learn More About FHLBank Atlanta and South Atlantic Bank award grant to Lowcountry Legal VolunteersWe're here to help you. Visit our Help Center to find important information and frequently asked questions.
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