Beware of Scams!

At Logix, we partnered with GreenPath to keep you up to date on financial wellness, including keeping you aware of scams.

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Beware of Scams, Fraudsters

During this unique situation with the Coronavirus (COVID-19) pandemic, there are people who try to take advantage of an already chaotic situation. At Logix Federal Credit Union, we’re here to help you, providing resources to keep you informed.

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Watch Out For Mobile Deposit Fraud

We’ve previously shared about employment scams, where fraudsters prey on victims looking for jobs. In a typical employment scam, the fraudster poses as an employer and sends the victim a check with instructions to deposit it into the victim's account, keeping a small portion of the check for themselves and wiring the remaining balance to another account. A few days later, the deposited check returns on the victim’s account (as a counterfeit, account closed, or other non-payment reason), leaving the victim responsible for the lost funds.

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Credential Stuffing Key Reason To Have Unique Passwords For Every Account

Did you hear it was Amazon Prime Day not long ago? If you didn’t, it really caused some people to be frustrated. In fact, many comments were posted on Amazon’s Facebook page about hurried consumers who couldn’t purchase their coveted prizes during this time because the website was slow, crashed, or just did something to prevent them. Well, according to a report from the security firm Shape Security, hackers may have helped cause the problems.

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Stay Alert of This Tax Scam

‘Tis the season for gift card purchases. They’re great for friends, family, and co-workers; pretty much anyone likes receiving one as a present, but there are two groups who don’t want gift cards: the Internal Revenue Service (IRS) and the Social Security Administration (SSA).

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