IRS: Dirty Dozen Tax Scams for 2025
The following was released by the IRS and posted on IRS.gov WASHINGTON (February 27, 2025) — The Internal Revenue Service today announced its annual Dirty Dozen list of tax scams for 2025 with a warning for taxpayers, businesses and tax professionals to watch out for common schemes that threaten their tax and financial information. Ranging […]
Protecting Yourself Against Identity Theft
Each year, identity theft continues to be one of the fastest growing crimes in the United States. According to the Federal Trade Commission (FTC), over 800,000 ID theft reports were filed in 2023. Over half of those reports related to credit card or bank fraud. NDBT recommends following these tips to keep your information – […]
Smishing… Don’t Take the Bait!
You may have heard of email phishing, but have you heard of smishing? Smishing (SMS phishing) involves deceptive text messages that try to get you to act or respond. A typical smishing attempt may seem like it’s from your bank or the IRS and include a link or phone number to bait you into clicking […]
Pig Butchering Scams on the Rise
This story you are about to read is a real-life story of a recently divorced, middle-aged NDBT female customer who fell victim to a financial grooming scam that started as a romantic relationship with a foreign male working overseas. After responding to a message on the Hinge app, “Louis” almost immediately asked for her phone […]
ChatGPT – Beyond the Hype
Open AI’s recent release of ChatGPT has generated a lot of interest and media buzz as the application set records as the fastest application to reach 1 million users (five days) and then 100 million users (two months). It’s a powerful tool that can summarize information quickly and provide helpful suggestions in an easily digestible […]
Fighting Sweetheart/Romance Scams is a Team Effort
Romance scams are one of the numerous money-mulling sources of feed for criminals intending to fund terrorism, laundry proceeds from drugs and human trafficking. This type of scam is an intricately operated business aiming to allure, “financially groom,” and eventually deplete their victims of their money. By adopting fake identities online, highly trained individuals dedicate […]
Can You Spot a Phishing Scam?
Every day, thousands of people fall victim to fraudulent emails, texts and calls from scammers pretending to be their bank. And in this time of expanded use of online and mobile banking, the problem is only growing worse. In fact, the Federal Trade Commission’s report on fraud estimates that American consumers lost a staggering $8.8 […]
Banking Safely Online
Tips for Banking Online Safely Online banking is one of the most convenient, efficient, and secure technologies developed this millennium. But, like any online tool, it is up to the user to be diligent with processes to help make each experience as safe as possible. […]
Beware of New Scams
True to form, fraudsters never let a big news story go to waste! These bad actors stay on alert for opportunities to prey on the public for their own financial gain, and lately, they are impersonating banks and banking regulators to get your bank account information. Here’s how it works: The fraudster contacts an unsuspecting […]
War in Ukraine Sparks New Cyber Scams
The recent war in Ukraine has gathered a lot of attention. Unfortunately, cybercriminals often take advantage of world events to prey on people’s emotions. Now more than ever, it’s important to watch out for phishing attacks and disinformation campaigns. Cybercriminals may use several different scam tactics. For example, cybercriminals may try to trick you into […]
