Fraud & Scams
Fraud and Scam Warnings Information and warnings, posted by the Federal Reserve System and other authorities, about fraud using the Federal Reserve's name.
Student Loan Relief Scams (FTC)
Facts you should know about student loan relief scams, including descriptions of some of the most common scams to avoid and instructions for finding help if you become a victim.
The Federal Reserve does not directly contact consumers, and you should be suspicious of any unexpected email message claiming that the Federal Reserve is holding money owed to you. The Federal Reserve does not maintain accounts or hold funds for individual consumers. Do not click on any links contained in these types of emails and delete them immediately.
The Federal Reserve Board regularly monitors fraudulent solicitations and communications that purport to involve or be approved by Federal Reserve officials. In addition to emails, these scams can come in the form of letters and phone calls seeking your personally identifiable information that is later used to commit fraud or theft. You should verify the legitimacy of service providers before providing personal financial information or entering into a business transaction. If you suspect your information has already been compromised, contact your financial institution and local law enforcement officials immediately. To file a complaint about a suspected fraudulent email, contact the Federal Bureau of Investigation's Internet Crime Complaint Center at www.ic3.gov.
Additional Resources:
- A Bank Customer's Guide to Cybersecurity (FDIC) Learn some helpful tips for preventing online fraud and theft.
- Identity Theft (FTC) One stop national resource to learn about the crime of identity theft.
- Government Imposter Scams (FTC) Find out how to identity a government imposter and learn of the dangers of sending money to a stranger.