The holiday season is a time for giving, celebrating, and finding the perfect gifts. Unfortunately, it is also one of the busiest times of the year for scams. As online shopping, digital payments, and package deliveries increase, fraudsters look for new ways to target unsuspecting consumers.

Common Holiday Scams to Watch For

Fake Online Stores

Scammers create convincing websites that mimic legitimate retailers and advertise products at incredibly low prices. Before making a purchase, verify the website address, look for secure HTTPS connections, and research reviews from other shoppers.

Package Delivery Scams

With more packages being shipped than ever during the holidays, scammers often send texts or emails claiming there’s an issue with a delivery. These messages typically contain links designed to steal your personal information. If you’re expecting a package, track it directly through the retailer or shipping carrier’s official website.

Phishing Emails and Text Messages

Holiday-themed phishing attempts often appear to come from retailers, shipping companies, or financial institutions. Be cautious of messages asking you to verify account information, reset passwords, or make immediate payments.

Spoofing Scams

Fraudsters can make calls or texts appear as if they’re coming from a trusted organization, including your financial institution. They may claim there’s suspicious activity on your account and request sensitive information. Remember, Velocity Community Credit Union will never ask for your online banking password or verification codes.

Gift Card Scams

Gift cards remain a favorite target for scammers. Purchase gift cards directly from trusted retailers and inspect physical cards for signs of tampering. When possible, consider sending electronic gift cards directly from the retailer.

Tips for Safer Holiday Shopping

• Shop only with trusted retailers.
• Avoid clicking links in unsolicited emails or text messages.
• Never share passwords or verification codes.
• Monitor your accounts regularly for unusual activity.
• Use credit cards when possible for added fraud protection.
• Verify requests for personal information before responding.

Stay Alert This Holiday Season

A little caution can go a long way toward preventing holiday fraud. If something feels suspicious, take a moment to verify before taking action. Protecting your personal information can help ensure your holiday season is memorable for all the right reasons.

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