Easy tips to avoid fraud
Fraud is something that happens more often than you would expect, and scammers target everyone.
Often, scammers use elaborate stories to play on your emotions or create a sense of urgency. Simmons Bank Director of Fraud Operations Steve Vogt, who is also a former FBI agent, sat down with news channel KARK to offer some pointers on how you can protect your personal information.
Let’s check out some of those tips:
Mail Fraud: As theft of mailed checks increases nationwide, here are tips to keep your mailed payments secure:
- Criminals are targeting mail collection boxes for check theft, so reduce your risk by walking into your post office and handing your mail to the person across the counter.
- You can also minimize mail fraud risk by using your post office’s indoor collection slot.
- If you need to use an outdoor mail collection box, drop off your payment right before the collection time.
- Avoid using blue collection boxes on holidays and weekends to limit your mail’s exposure to potential theft.
Social Media and Romance Scams: Someone will introduce themselves to you online and express interest in developing a romantic relationship. Once that relationship is established, this person may ask for money for an “emergency” or offer investment advice. If you haven’t met face-to-face, it may be a ploy to steal your money.
Fraud can happen in many ways, and it is important to be careful with your information. To read more about common scams and red flags to watch out for, visit simmonsbank.com/fraud-education. If something doesn’t feel right, trust your instincts and contact Simmons Bank with questions.