Prime. Trust Federal Credit Union Your Story Matters Here. WEBSITE SCAM ALERTYesterday, a member reported that an individual representing himself as Prime Trusts CEO Jeff Sikora contacted him about receiving a large inheritance. Bluetooth Driver For Hp 550 Windows Xp. He was then directed to a website Primetrustfcu. THIS IS A SCAM  Our CEO did not initiate the call, the website is not PTFs, and we would never initiate such a contact. In the event you receive such a contact, hang up and report the incident to our Security Officer, Matt Kear. His phone number is 7. At Prime Trust, we take your security very seriously. We have reported this scam to the authorities and are trying to close this bogus website down. EMPLOYMENT SCAM TARGETING COLLEGE STUDENTS REMAINS PREVALENTCollege students across the United States continue to be targeted in a common employment scam. Scammers advertise phony job opportunities on college employment websites, andor students receive e mails on their school accounts recruiting them for fictitious positions. The Federal Register of Legislation the Legislation Register is the authorised wholeofgovernment website for Commonwealth legislation and related documents. Data Manager Dashboard Summary and Compliance Programs Webinar on Demand. Data Reports Webinar on Demand. Data Quality Guidebook Webinar on Demand. This employment results in a financial loss for participating students. How the scam works Scammers post online job advertisements soliciting college students for administrative positions. The student employee receives counterfeit checks in the mail or via e mail and is instructed to deposit the checks into their personal checking account. The scammer then directs the student to withdraw the funds from their checking account and send a portion, via wire transfer, to another individual. Often, the transfer of funds is to a vendor, purportedly for equipment, materials, or software necessary for the job. THE PREMIER EVENT FOR FRANCHISE PROFESSIONALS. IFAs mission for our 2018 Convention is to deliver realworld positive messages through highquality content that. Get the latest news and analysis in the stock market today, including national and world stock market news, business news, financial news and more. SWOT Analysis The complete guide to understanding your Strengths Weaknesses, opportunities threats, tool for strategic planning. Samples, templates. Unit Trust Register Template' title='Unit Trust Register Template' />Subsequently, the checks are confirmed to be fraudulent by the bank. The following are some examples of the employment scam e mails You will need some materialssoftware and also a time tracker to commence your training and orientation and also you need the software to get started with work. The funds for the software will be provided for you by the company via check. Make sure you use them as instructed for the software and I will refer you to the vendor you are to purchase them from, okay. I have forwarded your start up progress report to the HR Dept. Enclosed is your first check. Please cash the check, take 3. Consequences of participating in this scam The students bank account may be closed due to fraudulent activity and a report could be filed by the bank with a credit bureau or law enforcement agency. The student is responsible for reimbursing the bank the amount of the counterfeit checks. The scamming incident could adversely affect the students credit record. The scammers often obtain personal information from the student while posing as their employer, leaving them vulnerable to identity theft. Scammers seeking to acquire funds through fraudulent methods could potentially utilize the money to fund illicit criminal or terrorist activity. Tips on how to protect yourself from this scam Never accept a job that requires depositing checks into your account or wiring portions to other individuals or accounts. Many of the scammers who send these messages are not native English speakers. Look for poor use of the English language in e mails such as incorrect grammar, capitalization, and tenses. Forward suspicious e mails to the colleges IT personnel and report to the FBI. Tell your friends to be on the lookout for the scam. If you have been a victim of this scam or any other Internet related scam, you may file a complaint with the FBIs Internet Crime Complaint Center at www. IC3. gov and notify your campus police. This article can be found at https www. What Happened At Wells FargoThe financial services industry is based on trust. When a big company abuses that trust, the whole industry seems off kilter. The details about the extent of the recent fake account scandal are still coming to light. Here are a few common questions about the scandal and what to do if youve been impacted by it. What was going on inside Wells Fargo As a commercial bank, Wells Fargo generates revenue from each customer account. It could do this in a variety of ways fees, low balance penalties or other charges. In an effort to maximize its revenue, the company established a sales quota for each of its sales teams. Individual salespeople and team managers were therefore under heavy pressure to meet an unrealistic goal and open new accounts. Somewhere along the line, someone inside the organization decided the only way to meet these goals was through fraud. Eventually, fraud became a widespread corporate practice. It became standard procedure to open fake accounts using an existing customers information and then charge fees for services they never wanted or agreed to. Worse yet, the company began actively silencing those who attempted to put a stop to this wrongdoing. Over the course of eight years, about 5,6. Wells Fargo ethics hotline or attempting to discuss it with human resources. Many of them were effectively blacklisted, preventing them from working in financial services again. After this information became public, Wells Fargo CEO John Stumpf was forced to resign. All evidence suggests that he was aware of the situation and did nothing about it. The bank has been fined millions of dollars and is also being asked to issue refunds to many of its victims. What can I do if I was a victim of fraud Most of the people who had fake accounts opened in their names have already been given a refund. Wells Fargo is conducting an internal review to uncover the extent of the damage, and its extended its search back to 2. If youve done business with Wells Fargo, it might be a good idea to get a list of accounts that have been opened in your name during your time as a customer. Lds Missionary Stop Smoking Program'>Lds Missionary Stop Smoking Program. You can do this by getting a free credit report at annualcreditreport. Why did Wells Fargo do thisPart of what set up Wells Fargo for failure was the profit motive at the heart of its business model. Asphalt 6 Free Download For Pc Windows 7. As a corporate bank, Wells Fargo has a first obligation to its shareholders. Any obligation it might have to its account holders is secondary. That creates an inevitable conflict of interest. Credit unions, on the other hand, are not for profit institutions owned by their members. Our shareholders and our account holders are exactly the same people. Our board consists of volunteers from within our community, not individuals seeking a payday. That allows us to always put the interests of our members at the forefront of what we do. If youre tired of a bank that treats you like a cash machine, maybe its time to give Prime. Trust a try. We offer the same services that commercial banks do, but with a model thats based on putting members first. For more information about Prime. Trust, call or stop by any of our branch locations, or click here to check out the many services we offer. HOW PRIMETRUST HANDLES OUTSIDE SECURITY BREACHESTo help ensure Prime. Trust member safety, whenever there is a confirmed security breach outside of Prime. Trust, our protocol is to turn off signature based transactions, while still allowing PIN based transactions, and reissue new debit or credit cards to our members at no cost to the member. The reissuing process could take up to three weeks, depending on the total number of people, members and non members, involved in the breach. If a member chooses not to wait for a no cost card to be mailed to them, they may come to a branch and an instant issue card may be purchased for a 1.