World Elder Abuse Awareness Day 2023

June 15, 2023 | BankingFocus-Fraud Protection | BankingFocus-Educational Opportunities

What is a Scam?


A scammer is the ultimate salesperson with a tempting offer or a skilled liar with a plausible story

  • Easily pinpoints a victim’s vulnerabilities and appeals to emotions: sympathy, fear, loneliness
  • Quickly gains trust
  • Insists on secrecy
  • Shows no mercy, e.g., doesn’t take “no” for an answer


Know the Red Flags of a Scam

  • Immediate action required
  • Insistence on secrecy
  • Money needed up front
  • Hard-to-track payment methods


Build Your Scam Defenses

  • Do not be rushed into any financial decision
  • Assume that insistence on secrecy is a ploy to deceive you
  • Be suspicious of any situation that requires you to send money up front
  • Confirm all stories, offers or charities independently
  • Be very cautious about clicking on email links


Block Those Scammers

  • Register with National Do Not Call Registry at to limit legitimate telemarketing phone calls, making phone scams easier to detect
  • Register with to limit legitimate advertising mail, making mail scams easier to detect
  • Limit personal information on social media and choose the strictest privacy settings on social media accounts
  • Use antivirus software on your computer


What to Do if You Are Scammed

  • Don’t be embarrassed or afraid
  • Tell someone you trust
  • Report the scam to Security Bank immediately to limit losses
  • Contact your local police and federal agencies, like the Federal Trade Commission