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If you received a check in the mail instructing you to deposit, cash, or transfer funds, you could be a victim of a “money mule” scam.

In the 2019 How America Banks survey, the Federal Deposit Insurance Corporation (FDIC) noted that 34 percent of households in Oklahoma use mobile banking as their primary means of accessing their bank accounts. With online and mobile banking, customers can check account balances and monitor their transaction history from the convenience of home computers or mobile devices.

The Federal Trade Commission (FTC) is warning of a scam that attempts to trick young people on social media into depositing a fake check in exchange for a painting of themselves. Read the article for ways to protect yourself. 

A phone call from a loved one in trouble can be alarming, which is exactly what scammers are counting on. Grandparent scams use urgency, fear and emotion to trick victims into sending money before verifying the facts. Learn how to recognize the warning signs and take action if you believe you've encountered a scam.