Protect Your Wallet

The new year brings new opportunities, but it’s also a prime time for scammers to target unsuspecting individuals. From fake emails to fraudulent payment requests, staying informed and prepared is the best defense. By knowing what to watch for and taking a few simple steps, you can safeguard your financial security.

Common Scams to Watch For

Scammers often use realistic-looking tactics to deceive people. Here are some of the most common schemes:

• Phishing Attempts: Fake emails or texts claiming to be from banks, government agencies, or trusted companies, asking for personal or financial information.
• Fake Payment Requests: Messages through apps like Zelle or Venmo claiming you owe money or requesting refunds for "mistaken" payments.
• Online Shopping Scams: Offers that seem too good to be true on unfamiliar websites selling products that never arrive.
• Social Media Fraud: Hacked accounts or fake giveaways that ask for your financial details.

Spotting the Red Flags

Scammers rely on urgency and fear to catch you off guard, but there are always warning signs to look out for. Be cautious of unsolicited messages that demand immediate action or threaten negative consequences. Misspelled words, unverified email addresses, or unusual links are clear red flags. If something feels off, take a moment to double-check before responding.

How to Protect Yourself

Keeping your money safe starts with good habits. Here’s how you can stay ahead:

• Use unique, strong passwords for all accounts, and enable two-factor authentication when possible.
• Avoid clicking on links or downloading attachments from unknown sources.
• Verify payment requests, especially if they come from unfamiliar numbers or accounts.
• Only shop on reputable websites and ensure they use secure payment methods.

What to Do If You’re Targeted

If you think you’ve been scammed, it’s important to act quickly:

1. Update your account passwords and enable additional security features.
2. Notify Guadalupe Credit Union or your financial institution immediately to prevent unauthorized access to your accounts.
3. File a report with the Federal Trade Commission (FTC) at ReportFraud.ftc.gov.

GCU Is Here to Help

Unsure about a suspicious message or payment request? Guadalupe Credit Union is here to help. Stop by any of our branches or give us a call for guidance and support in protecting your finances and personal information.

Stay One Step Ahead

By staying informed and practicing caution, you can protect yourself and your finances throughout the year. Trust your instincts, verify requests, and don’t hesitate to reach out for assistance when needed.