Victory State Bank Warns of New Spin on Old Scam
STATEN ISLAND, N.Y. – Victory State Bank wants consumers to be aware of a new variation on an old scam.
According to Jennifer Leach, consumer education specialist at the Federal Traded Commission (FTC), the scam begins when an ususpecting person answers the phone.
The caller will say something like: “Ma’am, I’m calling from the government. We’re about to send out national medical cards for the new Affordable Care Act. You’re one of the lucky people to get yours first, so I just need to confirm your name, address and phone number. Oh, and your bank account number, too…”
Ms. Leach warns that this kind of scam pops up anytime there’s a big change in a government policy, or when a topic is in the news.
Scammers use people’s uncertainty to try to get them to reveal personal information. From there, it’s not much of a leap to identity theft, with scammers racking up bogus charges on your credit cards, opening new credit cards in your name, even taking out loans in your name.
You can protect yourself. If you get a call asking for your information, hang up. It’s a scam.
Government organizations and the legitimate groups you do business with have the information they need. They’ll never call to ask you for it.
If you get a call like this, Ms. Leach asks that you report it to the FTC.
The phone number on your caller ID – if there is one – or the name or location of the caller – is helpful information to investigators and professional fraud fighters.
You can report it online or on the phone, toll-free, at 1-877-FTC-HELP. Your report might help stop the scammers, and it could help keep others from being scammed.
About Victory State Bank:
VSB Bancorp, Inc. (NASDAQ: VSBN) is the one-bank holding company for Victory State Bank. As Staten Island, N.Y.’s only community-based commercial bank, Victory State Bank operates five full-service locations on the Island: The main office in the community of Great Kills, and branches in the communities of West Brighton, St. George, Dongan Hills and Rosebank. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online http://www.victorystatebank.com.