What to do When Fraud is Suspected
Figuring out what to do when you suspect fraud in your financial accounts can feel like an uphill battle. Especially when you don’t know where to turn or what steps to take when you have a compromised account. It is important to remember that if something like this occurs, you’re not alone and there are people to help in these situations. So, what are those steps?
- It is important to remember to stay calm. Trying to fix these situations yourself will not be effective in stopping these fraudulent activities.
- Note any strange emails, text, or calls you receive. This will help your financial institution figure out how the fraudulent activity compromised your account.
- Note any links that you may have clicked on or account information you may have given out. Again, this information will help your financial institution fix your account.
- Contact your financial institution where the compromised account is. There are people working to help with situations like this. Contacting your institution as soon as possible will ensure that they will be able to fix the issue more easily.
It is important to remember that anyone can be a victim of financial fraud. So, it’s important to be honest with your financial institution and not be embarrassed if you accidentally fall victim to a scam. There are so many financial fraud scams out there and following these steps will help you save your account.