Current Alerts:


Surge in Phishing Scams as Tax Season Approaches

Tax filing season is approaching, and the Internal Revenue Service (IRS) and state tax agencies are warning about an increase in sophisticated phishing emails. Emails have the appearance of being sent from the IRS, and demand payments or threaten to seize tax refunds as a consequence of non-payment.

Phishing emails can be difficult to detect with a quick glance. Stay alert, as intimidation and urgency are common among fraud attempts.

Many targeted victims have reported that email contain these attributes:

  • Email originating from “IRS Online”
  • Containing attachments titled “Tax Account Transcript” or similar language
  • Subject line containing variations of the phrase “Tax Transcript”


A significant amount of fraudulent requests have also been executed via telephone, also known as vishing (telephone phishing). A common theme with vishing involves a caller claiming to be from the IRS and threatening a lawsuit or arrest if payment is not sent immediately.

Recommendations:

  • The IRS does not initiate contact with taxpayers via email, text, or through any social media network to request personal or financial information.
  • The IRS does not call taxpayers with threats of lawsuits or arrests.
  • Do not click on a link or attachment from an unknown or suspicious source. Even if it appears to come from a familiar sender, discreet variations in email addresses such as john.doe1@email.com versus john.doel@email.com should be searched for.
  • Look for grammatical errors and spelling mistakes. Genuine professional organizations tend to use spell check and proofreader solutions to ensure accuracy before sending messages.

Learn more.

 


Recommendations
Awareness is key in combating fraud. Should you receive any questionable calls or emails, do not provide your personal information including your account numbers, PIN numbers or social security number.

  • Vermont Federal will NEVER initiate a call or email to you requesting your personal information.
  • Do not call back a number provided over the phone or click on a link in an email.
  • To verify whether a call or email is legitimate, call Vermont Federal Credit Union at (888) 252-0202, Option 3.
  • Most fraudulent communications will include something that will concern or excite the victim.
  • If you have been the victim of a scam, file a complaint with local law enforcement and notify us at (888) 252-0202, option 2 or at your local branch.

More security tips and information

 

  • NCUANCUA
  • Equal Housing Lender
  • Falcon ATM Network
  • Credit Union Service Centers
  • Vermont Federal Investment Services Insurance Products
  • Facebook