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We are committed to empowering you with the knowledge you need for better financial security and management. We believe knowledge is your greatest asset. Search our information center for important tips, links and information.
Fraud Center Information
Here is how it works. When potential fraud is detected-below is the contact pattern:
Remember-our messages will never ask for your PIN or account number.
*Calls will only be made between 8:00AM and 9:00PM EST.
Debit Card Security
As your trusted financial partner, Sugar River Bank is committed to protecting you from trends in fraudulent debit card transactions.
Our Fraud Prevention Services Team may at times block certain states, countries or merchant types if there has been an increase in reported fraudulent activity in those locations.
Important … If you have trouble using your card as a signature based transaction, you may be able to complete your transaction using your PIN. Always carry a back-up payment source in case your card is blocked due to suspected fraudulent activity.
Monitor your accounts online using online banking or review your monthly statement on a regular and timely basis. Notify us immediately if you discover any suspicious or unauthorized activity.
Debit Card Transaction Monitoring
If you will be using your debit card while traveling or are planning any "out of the ordinary" purchases, please call Customer Service at 1-800-562-3145, Monday-Thursday between 9:00 AM and 5:00 PM, Friday between 9:00 AM and 6:00 PM or Saturdays between 9:00 AM and 12:00 PM, to inform us of your travel location, travel dates or in the case of an "out of the ordinary" purchase-the name of the merchant. If you have Online Banking, you can log in and send us a message securely. We will provide this information to our Fraud Prevention Services Team in order to prevent your card from being blocked due to "out of the ordinary" transactions.
FRAUD SCHEMES AND SCAMS
ONLINE EXTORTION SCAMS INCREASING DURING THE COVID-19 CRISIS
Source: Federal Bureau of Investigation, Internet Crime Complaint Center, April 20, 2020
The Internet Crime Complaint Center (IC3) has seen an increase in reports of online extortion scams during the current "stay-at-home" orders due to the COVID-19 crisis. Because large swaths of the population are staying at home and likely using the computer more than usual, scammers may use this opportunity to find new victims and pressure them into sending money. The scammers are sending e-mails threatening to release sexually explicit photos or personally compromising videos to the individual's contacts if they do not pay. While there are many variations of these online extortion attempts, they often share certain commonalities.
Online extortion schemes vary, but there are a few common indicators of the scam. The following characteristics are not all-inclusive but should serve as red flags. It is important to remember that scammers adapt their schemes to capitalize on current events such as the COVID-19 pandemic, high-profile breaches, or new trends involving the Internet, all in an attempt to make their scams seem more authentic.
- The online extortion attempt comes as an e-mail from an unknown party and, many times, will be written in broken English with grammatical errors.
- The recipient's personal information is noted in the e-mail or letter to add a higher degree of intimidation to the scam. For example, the recipient's user name or password is provided at the beginning of the e-mail or letter.
- The recipient is accused of visiting adult websites, cheating on a spouse, or being involved in other compromising situations.
- The e-mail or letter includes a statement like, "I had a serious spyware and adware infect your computer," or "I have a recorded video of you" as an explanation of how the information was allegedly gathered.
- The e-mail or letter threatens to send a video or other compromising information to family, friends, coworkers, or social network contacts if a ransom is not paid.
- The e-mail or letter provides a short window to pay, typically 48 hours.
- The recipient is instructed to pay the ransom in Bitcoin, a virtual currency that provides a high degree of anonymity to the transactions.
- Do not open e-mails or attachments from unknown individuals.
- Monitor your bank account statements regularly, and your credit report at least once a year for any unusual activity.
- Do not communicate with unsolicited e-mail senders.
- Do not store sensitive or embarrassing photos or information online or on your mobile devices.
- Use strong passwords and do not use the same password for multiple websites.
- Never provide personal information of any sort via e-mail. Be aware that many e-mails requesting your personal information appear to be legitimate.
- Ensure security settings for social media accounts are activated and set at the highest level of protection.
- Verify the web address of legitimate websites and manually type the address into your browser.
More Information regarding Ransomware from the ABA:
Learn more about common scams that the FBI Investigates:
One-stop national resources to learn about the crime of identity theft :
Helpful financial hints from the FDIC
What's in disclosure statements, order a free credit report, review your statements and find unclaimed money
Fake Check Scams
Government Imposter Scams
Online Dating Scams
Social Security Scams
United States Senate Special Committee on Aging:
Avoiding Senior Scams
Teaching Kids About Money
Know Before you Owe:
Federal Reserve-Resources, Publications and Educational Games:
Learn more about Treasury Securities-From Savings Bonds to Treasury Notes:
Internal Revenue Service:
Free Credit Report:
Help For Agents Under Power of Attorney:
Help For Representative Payees and VA Fiduciaries:
Help For Court-Appointed Guardians of Property and Conservators:
Help For Trustees Under a Living Trust: