Wescom Financial
Wescom Credit Union | Building Better Lives for Southern Californians

Five Common Fraud Tactics to Watch Out For

Recognize Scam Strategies to Protect Your Account

Five Common Fraud Tactics to Watch Out For | Wescom Credit Union

We are in this together. Wescom monitors your account 24/7 for fraudulent activity — but you're frontline when it comes to preventing scams. By watching out for these common fraud tactics, you can better safeguard your account.

  1. Fake small business emails or texts — scammers can impersonate a company to request a change to your account by email or text. Never call or text the number provided. It's best to find the company's contact information right from the website to make sure the request is legitimate.
  2. Pretending to be a Wescom representative — some fraudsters will call, email, or text you posing as a Wescom representative. Know that Wescom will never call or text you to request passwords, your account number, debit card number, credit card number, PINs, full Social Security number, online banking credentials, or any one-time verification codes — even if the caller or sender says (or looks like) they're from Wescom. If you receive a call from a phone number that looks like it's from Wescom and are unsure of the identity of a person claiming to be a Wescom representative, hang up and call us back at 1-888-4WESCOM (1-888-493-7266).
  3. Acquiring remote access — this is when scammers will say they're from a well-known company and attempt to get remote access to your personal device. If you receive a random call from someone claiming they can fix an unknown issue with your device, hang up and call the company directly. Make sure to use the company's real phone number.
  4. Job offer scams — during the hiring process, the fraudster will ask you to link accounts to other banks and send money back to them that they promise to refund. This is a scam. These fraudsters will often pressure you with time-sensitive demands or a high salary.
  5. Cryptocurrency investment scams — scammers will pretend to be investors to sell you on a lucrative cryptocurrency opportunity. They might tell you to invest quickly, but end up stealing your money. If they mention that they're from an investment company, hang up and call the company using a legitimate phone number.

If you have not already, please sign up for free Account Alerts, including card purchase alerts, in Online Banking to receive immediate account and card purchase activity.

We encourage you to report any suspicious emails, calls, or text messages using our Fraudulent Message Reporting Form or contact us at 1-888-4WESCOM (1-888-493-7266) and press 2.

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