Seniors Need To Know Warning Signs of Fraud

 

STATEN ISLAND, N.Y. -- Victory State Bank recommends that senior citizens learn how to shield themselves from fraud schemes.

According to the FBI, senior citizens should be aware of fraud schemes for the following reasons:

 

  • Senior citizens are most likely to have a "nest egg," to own their home, and/or to have excellent credit—all of which make them attractive to con artists.
  • People who grew up in the 1930s, 1940s, and 1950s were generally raised to be polite and trusting. Con artists exploit these traits, knowing that it is difficult or impossible for these individuals to say "no" or just hang up the telephone.
  • Older Americans are less likely to report a fraud because they don't know who to report it to, are too ashamed at having been scammed, or don’t know they have been scammed. Elderly victims may not report crimes, for example, because they are concerned that relatives may think the victims no longer have the mental capacity to take care of their own financial affairs.
  • When an elderly victim does report the crime, they often make poor witnesses. Con artists know the effects of age on memory, and they are counting on elderly victims not being able to supply enough detailed information to investigators. In addition, the victims' realization that they have been swindled may take weeks—or more likely, months—after contact with the fraudster. This extended time frame makes it even more difficult to remember details from the events.
  • Senior citizens are more interested in and susceptible to products promising increased cognitive function, virility, physical conditioning, anti-cancer properties, and so on. In a country where new cures and vaccinations for old diseases have given every American hope for a long and fruitful life, it is not so unbelievable that the con artists’ products can do what they claim.

 

For additional information on how to protect yourself and your family fraudsters, log onto http://www.fbi.gov/scams-safety/fraud/seniors.

 

 

About Victory State Bank

VSB Bancorp, Inc. (OTCQB: 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 onlinehttp://www.victorystatebank.com.

Media Contact:

Relevant Public Relations, LLC

Headquarters: 718‑682‑1509

Mobile: 917‑715‑8761

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Don’t Be Fooled By Fake Government Officials

 

Staten Island’s only community-based business bank warns of thieves masquerading as federal employees

 

STATEN ISLAND. N.Y. -- Scammers sometimes pretend to be government officials to get you to send them money. According to the Federal Trade Commission, they might promise lottery winnings if you pay “taxes” or other fees, or they might threaten you with arrest or a lawsuit if you don’t pay a supposed debt. Regardless of their tactics, their goal is the same: To get you to send them money.

Don’t do it.

Victory State Bank wants our friends and neighbors to be aware of this FTC message: Federal government agencies and federal employees don’t ask people to send money for prizes or unpaid loans. Nor are they permitted to ask you to wire money or add money to a prepaid debit card to pay for anything.

 

 

About Victory State Bank

VSB Bancorp, Inc. (OTCQB: 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 onlinehttp://www.victorystatebank.com.

Media Contact:

Relevant Public Relations, LLC

Headquarters: 718‑682‑1509

Mobile: 917‑715‑8761

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

 

 

You Can Defend Against Annoying Telemarketers, Victory State Bank Advises

 

Staten Island’s only community-based business bank points to National Do Not Call Registry for relief from unwanted solicitations

 

STATEN ISLAND, N.Y. – If telemarketers are driving you crazy with seemingly relentless phone calls to your home, Victory State Bank suggests you sign up with the Federal Trade Commission’s (FTC) National Do Not Call Registry.

The Registry gives you a choice about whether to receive telemarketing calls at home.

Most telemarketers should not call your number once it has been on the registry for 31 days. If they do, you can file a complaint at this Website.

You can register your home or mobile phone for free by clicking on this link, which will bring you to the National Do Not Call Registry’s sign-up page.

WARNING FROM THE FTC

The FTC also wants consumers to know that scammers have been making phone calls claiming to represent the National Do Not Call Registry. The calls claim to provide an opportunity to sign up for the Registry. These calls are not coming from the Registry or the Federal Trade Commission and you should not respond to these calls.

 

 

About Victory State Bank

VSB Bancorp, Inc. (OTC: 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.

 

 

Media Inquiries:

Relevant Public Relations, LLC

Headquarters: 718 682 1509

http://www.RelevantPR.com

Mobile: 917-715-8761

 

FCC Provides Cyber-Safety Resource For Small Businesses

 

STATEN ISLAND, N.Y. -- Information technology and high-speed Internet are great enablers of small business success, but with the benefits comes the need to guard against growing cyber threats.

Earlier this month, as part of an unprecedented collaboration with government experts and private IT and security companies, the Federal Communications Commission released the “Small Biz Cyber Planner,” a new easy-to-use online tool to help small businesses customize their own cyber-security plans.

Victory State Bank, Staten Island, N.Y.’s only community-based commercial bank, suggests that small-business owners familiarize themselves with this valuable online tool, available at www.fcc.gov/cyberplanner.

The “Small Biz Cyber Planner” online resource will enable any small business to create a customized guide tailored to its cyber-security needs by answering a few basic questions.

 By using this tool and implementing the planning guide, businesses can protect themselves, their information, and their customers from cyber threats.

The new online tool was developed as part of a collaboration with government experts and private IT and security companies, including DHS, NCSA, The U.S. Chamber of Commerce, The Chertoff Group, Symantec, Sophos, Visa, Microsoft, HP, McAfee, The Identity Theft Council, ADP and others.

 

 

ABOUT VSB BANCORP

VSB Bancorp, Inc. (OTCQB: 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. 

Media Inquiries:

Relevant Public Relations, LLC

Headquarters: 718‑682‑1509

www.RelevantPR.com

Mobile: 917‑715‑8761

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Victory State Bank Points To Free Help For Aspiring Business Owners

 

STATEN ISLAND, N .Y. – If you’re thinking about starting a business and don’t know how to put your dream into motion, Victory State Bank suggests you explore some of the free local resources available to aspiring entrepreneurs.

Hubs of information, for example, are the Staten Island Small Business Development Center at the College of Staten Island (718-982-2560); the Staten Island Chapter of SCORE (718-727-1221), and city initiatives such as NYC Business Solutions’ Entrepreneurship Bootcamp. The Staten Island Chamber of Commerce (718-727-1900) also provides useful business-related information for entrepreneurs and consumers alike.

 

 

About Victory State Bank

VSB Bancorp, Inc. (OTC: 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.

Media Inquiries:

Relevant Public Relations, LLC

Headquarters: 718 682 1509

http://www.RelevantPR.com

Mobile: 917-715-8761