Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
Eight members accounts cleaned out in scam
SANFORD, Fla. (11/26/08)--The checking accounts of at least eight members of a credit union in Florida were cleaned out by what is believed to be skimmers who cloned their credit cards. Seminole Schools FCU, a $37.9 million asset credit union in Sanford, said that every dime the members lost will be restored to their accounts (WFTV.com Nov. 24). Sanford police were going through account data Monday, trying to find a common purchase point. They suspect an organized skimming operation is operating in Central Florida and skimmed the account information from devices where victims swiped their cards. Card losses due to skimming total more than $1 billion a year, and the crimes have been reported all over the world. The article cautioned that consumers should check their account balances for even the smallest expenditures. Skimmer thieves typically withdraw a small amount first to "test" whether the account is good.
Other Resources

RSS





print
News Now LiveWire
CUNA: CUNA offices closed through Friday, News Now returns Monday http://t.co/a5xbLzQKDj
21 hours ago
Reminder: @CUNA's Madison, D.C. offices will be closed through Friday, open again on Monday. #NewsNow will publish Monday.
12 23 ago
MI dentist to match @CUDirect's $20K to @HurleyMedical as a result of #20for20 online voting http://t.co/hqmIc9LpK1 @CMNHospitals
12 23 ago
New #creditunion chartered in St. Louis - #LutheranFCU - by @TheNCUA http://t.co/faPfANGS0P. Only 3rd new FCU charter this year.
12 23 ago
Don't get hacked during the holidays-use these tips from @CUNA http://t.co/jEqxni6NhO #StoptheDataBreaches http://t.co/woIxPOIyys
12 23 ago