Common Scams

They are indeed out to get you! Scammers hit innocent people each day through check, ATM (automated teller machine), credit card and Internet scams. These "talented" crooks use the latest technology to make it harder and harder for Keystone to tell if your transactions are, in fact, your transactions. Here are the most recent tricks of the trade:

Check scams

There are several variations of check scams; the most common strategy is the "Nigerian Advance Fee Fraud". The scammer proposes to send the victim a check for an extra sum and requests the victim wire back the excess money. The scammers often are from--or at least claim to be from--other countries, which explains why it is too difficult for them to make direct payment. Scammers offer to buy something you have for sale, offer you collection of a sweepstakes or lottery you won, or pay you to work at home.

Unsuspecting people often send the product or money to the scammer once they receive payment. However, the checks sent to victims are forgeries and, unfortunately, the victims are responsible for the money they withdraw against the bad check.


Phishing incidents have increased dramatically in popularity in the past year. Phishers use the Internet to steal money and personal identities. Victims usually receive fraudulent e-mails containing authentic looking company logos and familiar graphics and are asked to divulge financial information. While consumers at banks and credit unions are prime targets, AOL and eBay users also are victims of frequent attacks.

Here at Keystone, we have heard reports from members saying that they have received emails from the National Credit Union Administration (NCUA), the Credit Union National Association (CUNA) and CUNA Mutual claiming that account information had been compromised or needed to be verified. None of those agencies will ever contact our members directly asking for account information. If you receive any of these emails, please delete them immediately!

Common Scams - Continued click here