Consumer Alerts

The Federal Trade Commission (FTC) has issued a warning about reshipping scams that trick people into handling stolen goods under the guise of legitimate job opportunities. According to the alert, scammers recruit individuals online to receive and repackage products—often electronics or luxury items—and then send them to new addresses, sometimes overseas. Victims believe they are working for a shipping or logistics company, but in reality, they are unknowingly helping criminals move stolen merchandise. The FTC cautions that these scams often appear as remote job listings or social media ads promising easy income. Once victims complete the work, the scammers disappear without paying, leaving […]

The Federal Trade Commission (FTC) has issued a warning about a new wave of scams targeting aspiring actors and models through fake virtual casting calls. According to the alert, scammers are posing as legitimate talent scouts or production companies, promising participants auditions or roles in exchange for personal information or upfront fees. These fraudsters often use professional-looking websites, social media ads, and fake contracts to appear credible, luring victims with the promise of fame and quick opportunities. The FTC advises consumers to be cautious of any casting call that asks for payment, personal financial details, or immediate commitments. Legitimate casting agencies typically […]

The Federal Trade Commission (FTC) has issued a warning about scammers posing as John Krebs, the agency’s Chief Privacy Officer, in an attempt to deceive consumers. According to the alert, fraudsters are contacting individuals through phone calls, emails, and messages, falsely claiming to represent the FTC. Their goal is to trick people into sharing personal information, paying fake fines, or providing financial details under the guise of official government business. The FTC emphasizes that its officials, including John Krebs, will never contact consumers to demand money, threaten arrest, or request sensitive information. The agency advises anyone who receives such communications to […]

A recent article from Forbes Technology Council highlights the increasing risk of insider threats within organizations, emphasizing that dangers often come from trusted individuals – not just external hackers. The piece identifies three main types of insider threats: malicious insiders who intentionally cause harm, negligent insiders who inadvertently expose data, and compromised insiders whose credentials are stolen by cybercriminals. Each type poses unique challenges, requiring companies to adopt proactive strategies to safeguard sensitive information. The Forbes article stresses that insider threats are particularly dangerous because they exploit legitimate access to systems and data. Unlike external attacks, these threats can be harder to detect and […]

As financial scams grow more advanced, safeguarding personal and business information is essential. From phishing emails to identity theft and AI-generated schemes, fraudsters are constantly developing new tactics. Staying alert and following proven security practices can significantly reduce the risk of becoming a victim. Use strong, unique passwords for every account and update them regularly. Weak or reused passwords make it easier for hackers to access multiple accounts once one is compromised. A combination of letters, numbers, and symbols helps strengthen protection against brute-force attacks. Enable multi-factor authentication (MFA) to add an extra layer of security. MFA requires a second form of […]

New data from Alloy’s 2025 Financial Fraud Report reveals a sharp increase in financial fraud, underscoring the urgent need for stronger prevention measures. The report highlights that identity theft, account takeovers, and synthetic identity fraud have surged as criminals leverage advanced technology and stolen data to exploit financial systems. With digital transactions at an all-time high, both consumers and businesses face heightened risks of falling victim to sophisticated scams. The findings also show that fraudsters are increasingly using automation and artificial intelligence (AI) to bypass traditional security checks. While real-time fraud monitoring and enhanced authentication remain critical tools to combatting fraud, […]

Fraudsters prey on distraction—especially during busy times of year. We often see an increase in phishing scams that appear to come from trusted retailers or banks. If you receive a text message or call about a “suspicious charge” on your MVSB debit card and something doesn’t feel right, don’t respond or click any links. Instead, contact us directly at 603.279.7986 for assistance. These scams can be very convincing, often using familiar logos, urgent language, or spoofed phone numbers to trick you into sharing personal information. Remember, legitimate financial institutions will never ask for your full card number, PIN, or online […]

Check fraud is on the rise across the country, with financial institutions reporting a surge in altered, stolen, and counterfeit checks. Criminals are increasingly targeting mailboxes and using sophisticated methods to wash or duplicate checks, leading to significant financial losses for individuals and businesses alike. The Federal Reserve has responded by launching a new online toolkit designed to help you recognize red flags, report suspicious activity, and safeguard your financial information. These educational resources emphasize the importance of vigilance and proactive prevention. Consumers are encouraged to monitor accounts regularly, use secure mail options, and adopt digital payment methods when possible. The toolkit also […]

A recent article from Forbes explains how artificial intelligence continues to transform industries and new doors for sophisticated fraud schemes that threaten both consumers and businesses. Experts warn that AI-generated scams—ranging from deep fake videos to voice cloning and synthetic identities—are eroding public trust in digital interactions. The rise of these deceptive technologies has made it increasingly difficult to distinguish between legitimate communications and fraudulent ones, creating a growing sense of uncertainty. To combat this crisis, organizations are being urged to adopt advanced verification systems, transparent communication practices, and stronger cybersecurity frameworks. Building trust now requires more than just secure technology—it […]

As cyberthreats continue to evolve, small businesses are increasingly finding themselves in the crosshairs of digital criminals. According to a recent article from Forbes, many small enterprises underestimate their vulnerability or simply lack the internal support and resources needed to combat the growing threats of ransomware, phishing, and data breaches that can cripple operations overnight. The financial and reputational damage from a single cyberattack can be devastating. Beyond immediate financial losses, small businesses face long-term consequences such as customer distrust, regulatory penalties, and costly recovery efforts. Experts emphasize that cybersecurity is no longer optional—it’s a fundamental part of doing business in […]