Elder Financial Abuse Scams to Look Out For

June 03, 2020 by First Federal Bank

Financial scams against the elderly are on the rise — and getting more sophisticated. Whether you’re looking to protect yourself or others, it’s important to stay informed about the methods that scammers use to swindle people out of their money.Romance scamsRomance scams are one of the most common ways for fraudsters to target elderly people,...

Topics: Fraud Alerts/Scams

FDIC warns of scams during time of fear and confusion

March 19, 2020 by First Federal Bank

The COVID-19 pandemic has caused havoc on Wall Street and left many with more questions than answers. The FDIC is now reporting that scammers are using this situation to mislead people into giving their personal information or, in some cases, to send money.

Topics: Fraud Alerts/Scams, News