CUs in several states warn of automated phone scams

Credit unions in at least six states across the U.S. have issued warnings in the past week about ongoing automated telephone phishing scams that attempt to collect personal information for possible identity theft.

The Pennsylvania Credit Union Association (PCUA) reported that the Philadelphia area was targeted with an automated telephone message that states it was sent by a credit union's Fraud and Security Department and that the recipient's credit card account has been suspended.
The message continues leaving instructions to dial variations of the exchange beginning as 515-414-xxx with the last four numbers constantly changing, PCUA said. Once the number is reached, an automated voice asks for the recipient's card number and PIN (Life is a Highway July 24).

The calls have been received by members and nonmembers. Recipients who disclosed their information reported immediate fraudulent transaction activity in Spain and Romania, with significant monetary losses.

For more details, visit: http://www.cuna.org/newsnow/08/system072408-8.html?ref=hed