Back-to-school scams are as hot as new backpacks and sneakers.
Makes sense. Parents and students are busy knocking items off the back-to-school list and everyone is stressed out and distracted during the last days of summer.
Scammers know it’s easy to catch you off guard with fake texts that can include the shocking news that someone placed an order for a big ticket item, say an iPhone, on your Amazon account or Apple account.
Or they might claim that your bank account has been compromised. Or your Visa card is now locked.
Think about it, you might have just ordered a new comforter and sheets for your dorm room from Amazon anyway. Or you’ve been pulling out a credit or debit card for books or other items. A text might not be a complete surprise. But we’re only seeing more signs that the scammers are hard at work impersonating big, trustworthy brand names.
Federal Reserve moves:Jerome Powell is set to speak in Jackson Hole. Here’s what you need to know.
Ask HR:How does an employee get management to change its style?
MSU Federal Credit Union — the second largest credit union in Michigan with nearly $6.9 billion in assets — is warning college students and other members that scammers are sending phony texts with alarming messages. The credit union began to see an uptick in early August.
In some cases, credit union members are receiving fake texts that might look fairly generic. They could appear to be from the credit union but the text might not actually…
