Phone Scams

Sep 02, 2008 | Posted in Fraud Alerts

Credit unions in many states are reporting they've been targeted in this month's waves of voice phishing or vishing attacks, which are occurring at credit unions and other institutions throughout the U.S.

The robo-attacks involve automated telephone calls to members and nonmembers claiming to be from the credit union. The message, which goes to thousands of people, warns that the member's credit or debit card has been suspended. To reactivate it, the member must call a phone number. At the number, the member is asked for the credit number and personal identification number or other personal financial information.

In all cases, credit unions are warning members and the public that they would never contact members in such a way and ask for information they already had.