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Sunday, April 7, 2013

Finance - HL 165 (2)


Update on my DCCU Scam:

First, I feel like an old soldier locked in a time warped initially calling the credit union DECU.  It has obviously got new initials and I apologize for using its old acronym. 

Secondly, MY MONEY HAS BEEN FULLY RECOVERED!!!!!!!!  Of course that was a big big thing for Barb and I because I had the notion that it had been transferred and that I may not see it again.  See story below.

Here is the rest of the story about my DCCU Scam:

In Mid March I can verify that I received an email or two that was a phishing scam for the DCCU.  My scammers got my login at the credit union in some way.  It may have been from a response to one of these emails in (one of my more stupid and weaker moments).  I can’t be sure, but I do know for sure that the scammers logged in as me and manipulated my account.

 

In a virtual simultaneous act the scammers on Mar 29th, created instantly online at the DCCU 3 accounts of their own under pseudonyms.  They then transferred (not wired) money from my account in 4 separate $4350 amounts to these fake member accounts.  The scam then schemes to get the money out of those accounts as soon as possible.  Sometimes using ATM’s, or wiring, or simply walking in and making a withdrawal.  In CVG the same type of scam happened and the perpetrators came in with grandma (whose name they used to create the fake member accounts) and asked for a $100,000 withdrawal.  They were arrested.  Unfortunately, no similar word yet on the scammers that got me.

 

The Fraud Dept of the CU was off on Saturday the 30th when our alerts went in.  Notice the scammers knew that and used the weekend for this activity.  But, an agent who happened to stop by and see the “urgent freeze request” executed the order on mine and the fake accounts.  This action certainly saved most of the money and may have saved all of the money from ever leaving the CU.  On Monday the 1st my April fool’s joke now turned into a blessing as all the funds were returned to my account.  We were made completely whole in these banking accounts.  That is something that has not happened to my company stolen retirement funds in our retirement accounts. 

 

In the past, when I had a home break-in, we closed and re-opened our accounts.  This time, a different tact was used. The password was changed, and the username (which for most of us is our normal employee number) has also been changed and a audio phone password has been added for anyone calling in and attempting to be me.  Are there additional steps that I would recommend for the DCCU security…….YES!!! But for now I feel that our accounts are secure enough for the time being. And we also feel very relieved and satisfied that the funds were returned. 

 

 

 

Others Scammed:

 

From: Alan Price

Date: 3/30/2013 4:14:45 PM


Subject: How to protect yourself from internet and other thieves

Mark,

 

OK.  My voyage of discovery began when I received a call from the DCCU wire transfer dept asking if

I had tried to transfer $100K from my checking account to an address in China.  I was astounded, of

course, and the DCCU very rightly wanted to verify that I was me...and we went through a very extensive

id process via phone.

 

Seems that a person had hacked into my DCCU account, transferred $100K from my HEL to my checking

account and then, had contacted the DCCU asking that this money be wire transferred to China.  They 

were suspicious and played 20 questions with this person, who knew a great deal about me, but did 

not know my working dept #, which every pilot knows, and other critical information. They told this person

they would contact him via the contact number listed on my account.

 

This is where it got interesting...earlier that morning, he had called my phone company posing as me, and reported

trouble on the line and asked that our home telephone be transferred to "his" cell phone so he could take

some business calls while they sent a repair truck out.  Thus, when the DCCU called my home number, they

got "him" again...but they were still not buying it. They persisted, and by this time, I received a call from the phone

company asking if the phone was now working...and said it was never not working.  Now, when the DCCU called,

they got me as the phone company has stopped the forward to the thief's cell phone.  

 

Two days before this attempted theft from the DCCU, the same person I believe tried to penetrate my investment

accounts at Merrill Lynch but was foiled.  He had my account # and thought by calling ML he would be speaking

to a large company where no one knew anyone, but got my investment advisor's administrative assistant who

knew me well and knew my voice. They foiled his plan but this was the first clue something was amiss.  I used

my laptop in Shanghai two days before all this began, but did not access any of my financial accounts so if

someone penetrated my security, they were very clever.

 

There are many lessons learned, and I'll share only a few:

 

1.  Never, ever use your laptop using a public Wi-Fi to access financial information.  Thieves can sit nearby in

a public place and use a "keylogger" program to intercept and decipher your passwords. So, don't ever use

a public wi-fi for other than routine transactions, and this goes for hotels while on the road.  Don't do it!

2.  At home, be sure you set us 128 bit encryption on your wireless router. Easy to do and you never know when

someone is listening in.

3.  Change your passwords frequently.  I know it's a pain but make a habit of doing this on a periodic basis.

4.  Set up telephone passwords with your financial institutions AND your phone company.  Basically, if you set

up a password, no one can do anything to your accounts until they provide this password. For example, I now

have an audio password with my phone company, with my investment advisor, and with the DCCU and my

other bank accounts. When I call in, they ask me for my password first thing - this is both the first line of defense

and the last thing a thief can penetrate. So simple but so very important.

5.  Freeze your credit for both you and your spouse with all 3 credit reporting agencies (Experian, TransUnion,

and Equifax).  You can freeze your credit online with each for a very nominal fee.  Once this is done, you 

will receive a PIN that allows you to "unthaw" your credit when you wish to give someone access to your

credit history, such as when you refi, or apply for a new credit card or loan.  While this is a small hassle, it

is essential to do and will go a long way to prevent unauthorized access to your accounts.  I've found that

of the 3 credit agencies, Equifax is the most difficult to deal with but not so bad as to not be worth the hassle.

 

If you have been the victim of a theft, like Mark recently, fill out a police report and report to the US Government

dept of consumer affairs which you can access online.  Filing out a police report will allow you, in Georgia and

many other states, to freeze and thaw your credit history without charge...this is by law.  Don't expect the police

to do anything...my experience is that they are snowed with similar cases to yours and simply do not have the

skill or resources to pursue each case.  The DCCU was able to identify the computer used to attempt the theft

from my accounts, and I dutifully reported this to the police who promptly did nothing. 

 

6.  Be security conscious.  For example, do not ever respond to emails purporting to be from your financial

institutions...they don't do business this way. Always give them a call via phone to confirm when you get

suspicious emails.

 

Where it asks you to sign your credit cards, write in bold letters "Ask for ID"...and when you present it, the

cashier should do just that.  If stolen, this is a way to prevent unauthorized use when someone tries to

present the card...they will not have appropriate ID.

 

Check your receipt when you make credit card purchases. There is a version of a scam where the cashier

keeps cash from your credit card, when you did not ask for cash back...so, check the receipt to insure the

amount is correct and there are not suspicious notations on the receipt.

 

Phones are a huge target of thieves these days. Be security conscious with your phones, and do not give

confidential information over the phone and be aware your data base could be accessed and compromised.

Use a password to unlock your phone as a basic precaution.

 

Never, ever send confidential information via email.  If you need to send passwords, account numbers, 

etc. to someone, send them a fax or find another means to get it to them.

 

Stay situationally aware. Thieves may be watching you physically or electronically, so your SA is

very important.

 

There are many others techniques but the ones I've listed are from the school of hard knocks.  One final

thought...LifeLock is good for what it does. Would not have prevented access to your bank accounts, but

could prevent other types of illegal access...but, if you freeze your credit history, you have done more than

any of these companies will ever do to prevent unauthorized access to your credit history and accounts.

 

Stay well, be of good cheer, and peace be with you this Easter weekend.

 

Best regards,

 

Alan Price

 

 

Re: PCN - Re: FRAUD ALERT - DECU Mark's personal account HACKED Mar 31

My accounts where Hacked too !! I read it and called the CU before I was Hacked. DECU gave me my money back. Bless them.  JBoot (JBootenhof@aol.com )

 

Editor:  I have been told that there is a real rash of this going on right now.  So caution and staying alert is the word.  The DCCU has been an target for a while and the numbers of these scams and attempts have definitely been on the upswing.  I heard from others besides Alan and JB so we are not alone.   Ya’ll be careful now ya’here!

 

 

 

 

 

Additonal Shared Security Tips:

Re: PCN - Re: FRAUD ALERT - DECU Mark's personal account HACKED Apr 1

Another follow-up...

 

There are certain ‘Tells’ (indicators) about fraudulent emails looking for info:

 

    1. Dear Customer

    2. Look closely at the link.  It will not be a link to the proper URL.

    3. There are normally 2 or more links that would indicate a different location, but when you place your mouse over

        the link (DO NOT click on it), the URL address is the same.

    4. In ALL cases, be prudent and CALL the number on your credit/bank card to verify the request.  Never call an

        unknown number.

 

Bruce Larner  blarner777 (bruce@asd-webtec.com )


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