Education for Bankers

Fraud Awareness

 

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Common frauds and scams that target an unsuspecting victim's money include plastic fraud and identity theft. Anyone can become a victim. Increase your knowledge of these crimes and learn how to protect yourself.

Five Tips for Avoiding Foreclosure Scams

On March 5, 2009, the Federal Reserve Board of Governors of the Federal Reserve System did a press release of some complied tips to help protect consumers from becoming victims of foreclosure avoidance scams.

Homeowners Beware of Questionable Solicitations

On February 16, 2007, the Federal Reserve Board of Governors of the Federal Reserve System did a press release to alert the public to instances of questionable solicitations regarding fraudulent "Community Reinvestment Act (CRA) programs.

How to Avoid Investment Scams That Target Groups (SEC)

Some frauds prey upon members of identifiable groups to exploit the trust and friendship that exists in groups of people that have something in common; commonly known as affinity fraud. This publication by the Securities and Exchange Commission describes affinity fraud and provides tips how to avoid becoming a victim.

Loan Modification Scam Alert

The Neighborhood Reinvestment Corporation provides six facts that individuals should know about loan modification scams to avoid becoming a victim.

Frauds and Scams: Protect Yourself and Your Money

Everyone is subject to fraudulent schemes and con games. Older people in particular seem to be frequently targeted, perhaps because as a group they tend to be more trusting of others and assume the same sincerity in return.

This pamphlet will describe some typical financial frauds and scams and suggest how to protect yourself and your money. They are grouped into three major categories, followed by precautions and some additional information.

Plastic Fraud: Getting a Handle on Debit and Credit Cards

State-of-the-art thieves are concentrating on plastic cards. In the past, this type of fraud was not very common. Today, it is a big business for criminals. Plastic cards bring new convenience to your shopping and banking, but they can turn into nightmares in the wrong hands. This pamphlet describes credit and debit cards and some common schemes involving card fraud with tips to help you avoid them.

Take Charge: Fighting Against Identity Theft

Identity theft is a federal crime. It occurs when one person's identification (which can include name, social security number, or any account number) is used or transferred by another person for unlawful activities.

This booklet is designed to help you understand what identity theft is, how it happens, how to protect yourself, and what steps to take if your identity is stolen.

Contact Us

Richmond

Supervision, Regulation & Credit
(804) 697-8000