Tuesday, August 9, 2011

Shaw Capital Management World Financial News:Telephone scam makes rounds in area


Daily Press
MANISTIQUE – Residents of Schoolcraft County are being warned about a telephone scam in Schoolcraft County.
Manistique Public Safety Director Ken Golat said there have been numerous attempts in the past several weeks to fraudulently obtain banking account information.
The attempts have been made by a telephone call, whereby the caller states that he or she represents a local bank or financial institution in the Manistique area.
The caller then advises the intended victim their account has been compromised and that they need their account and Social Security numbers immediately to prevent theft.
In a spin off scam, other residents have received call that their debit card sponsored by a named Manistique financial institution has been compromised and the intended victim should provide the caller with those numbers.


Public Safety officers are reminding the public they should never give out any personal or account information over the phone, no matter what the supposed circumstances.
If a person should receive any such call requesting this information they should hang up immediately and contact their local bank or credit union to determine what is going on.
If this is determined to be a fraud scam, which a vast majority are, the person should then report this attempted fraud to the Manistique Public Safety Department by calling 906-341-2133.

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