Have you ever been a victim of identity theft or fraud? In the 1970s, there was very little computer crime because they were not widely used or even known about. The opposite is true today. HFCU spends many of our resources training staff as to the ways to identify fraudsters and their devious ways. We, of course, would rather that those efforts and related costs get channeled into our “world-class service” training which is vitally important to HFCU as an organization.
Key signals that a fraud effort is in the making are when someone is giving you something that you didn’t request. It is even more apparent when they are giving you excess and requesting that you mail them the difference. That old adage that it “seems too good to be true” is usually the case. There is rarely a free lunch, so
be aware and skeptical if someone is offering you something for nothing and/or something you didn’t ask for.
HFCU has trained staff to identify potential fraud. The staff is very intuitive and skilled so seek their assistance if you have anything that seems suspicious. Their efforts have helped members avoid over $100,000 in losses just this year.