SCAM ALERT: Beware of Fraudulent Wire Transfer Requests
We want to alert our customers to a recent scam targeting individuals with promises of large deposits or sweepstakes winnings in exchange for upfront wire transfers.
Here’s how the scam works:
- The victim receives an email claiming they’re set to receive a large deposit (often hundreds of thousands of dollars).
- The scammers say the funds are being held and require payment for “FDIC insurance,” “BSA fees,” or “taxes” before release.
- Victims are pressured into wiring money and often to out of state or cryptocurrency related accounts.
Important Reminders:
- You will NEVER be asked to pay FDIC or BSA fees to receive a wire or gift. These are not consumer paid fees.
- If someone is asking you to wire money to unlock a deposit or prize, it’s a scam.
- Be suspicious of anyone emailing you repeatedly with high dollar promises or requesting funds be sent to accounts in other states or countries.
If something sounds too good to be true, it probably is. If you’re ever unsure, talk to us before sending money. We’re here to help protect you and your finances.
Stay safe and alert!
