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Written By Regent Bank

Fraud Awareness for this Holiday Season

The holiday season is a time of joy, but it’s also prime time for scammers. Increased online shopping, charitable giving, and travel create opportunities for fraudsters to exploit distracted consumers. Common scams include:

  • Fake Retail Websites
  • Phishing Emails
  • Gift Card Fraud
  • Delivery Notification Scams
  • Bogus Charity Appeals

These schemes often rely on emotional triggers and hard-to-resist deals to trick victims into sharing personal or financial information.

Why it Matters

Fraud during the holidays can lead to identity theft, drained accounts, and stolen personal data. Staying vigilant is key. By recognizing red flags and following best practices, you can protect yourself this season.

7 Key Tips to Protect Yourself

  1. Shop on Trusted Sites Only
    • Verify URLs start with https:// and avoid clicking on ads or links from emails or social media. Type the retailer’s address directly into your browser. Fraudsters often clone legitimate sites to run ads for “too good to be true” deals. Clicking unknown links can introduce malware to your device.
  2. Use Credit Cards Over Debit Cards
    • Credit cards offer stronger fraud protection and prevent direct access to your bank account.
  3. Avoid Public Wi-Fi for Transactions
    • Public networks are vulnerable to data theft. Use a secure connection or a VPN when shopping online.
  4. Watch for Fake Delivery Notifications
    • Scammers send texts or emails claiming a package can’t be delivered unless you pay a fee. Always verify through the official retailer or carrier site. Never click internal links in these messages—they often lead to credential theft.
  5. Enable Transaction Alerts
    • Real-time notifications help you spot unauthorized charges quickly and prevent further fraud.
  6. Monitor Your Accounts Regularly
    • Fraud often starts with small test charges. Review statements or digital banking and set up alerts for unusual activity.
  7. Be Cautious with Seasonal Job Offers
    • Legitimate employers never ask for upfront fees for applications, training, or equipment. If you receive a check and are asked to send funds back via gift card or payment apps like Zelle, Cash App, or Venmo, it’s a major red flag.

Stay alert, stay informed, and enjoy a safe holiday season!
Have questions or suspect fraud? Give us a call.

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