Fraud alert
Fraud Tip: Digital Wallets Can Help Protect Against Latest “Skimming” Fraud
New Jersey has seen a rash of card “skimming” attacks recently where fraudsters place devices on ATMs, credit and debit card readers and “skim” your credit or debit card information to defraud you.Yesterday, the Aldi supermarket chain announced …
Fraud alert
Newark Resident Admits Bank Fraud Conspiracy
An Essex County, New Jersey, man admitted his role in a scheme to steal checks sent through the mail and commit bank fraud, U.S. Attorney Philip R. Sellinger announced today.Malachi Jefferson, 25, of Newark, pleaded guilty on April 22, 2024, before …
Fraud alert
Make it a Safe Holiday Season with These Important Fraud Tips!
The credit union wishes all of our members a safe and joyous holiday season with family and friends. The holiday season unfortunately is a prime time for financial fraud. We urge members to review the below tips to prevent financial fraud:Avoid …
Fraud alert
Former USPS Worker Charged, Accused of Stealing Nearly $1.7 Million in Checks from Mail
A former United States Postal Service worker has been charged with stealing checks from the mail—a scheme that netted him nearly $1.7 million over the course of 18 months. A news release issued Friday from the D.C. U.S. Attorney’s office …
Fraud alert
60 Minutes Documents the Overwhelming Fraud Hitting Consumers
Recent 60 Minutes segment highlights the growing fraud consumers are seeing online. Click here to watch the segment from August 27, 2023.
Fraud alert
Understanding Multi-Factor Authentication
Multi-factor authentication (MFA) is an effective way to strengthen protection against unauthorized access to your accounts. Merck Employees FCU encourages all members to utilize MFA whenever it is available. So, what is multi-factor …
Fraud alert
How To Protect Yourself: Consumers Must “Slow Down, Stop and Escalate” to Avoid Today’s Popular Financial Scams
Financial fraud is at an all-time high. The types of financial fraud hitting consumers continue to evolve and get more sophisticated. Sadly, billions of dollars are lost annually to financial fraud. Financial Wellness month is a perfect time …
Fraud alert
Caution: Mail Fraud Is On the Rise, Consider Alternatives to Mailing Physical Checks
Federal, state and local authorities are reporting that mail theft is on the rise. Thieves are stealing mail in order to obtain checks that they then wash, alter, forge, etc. in an effort to defraud. This is happening with both personal mailboxes as …