At SMP Hawaii, we work to protect our kūpuna and caregivers from fraud. Scammers are always coming up with new ways to get into your bank account — not by hacking, but by tricking you. Here are 5 scams to know and tips to stay safe:
1. Peer-to-Peer Payment Scams
Apps like Zelle or Venmo make sending money easy — and scammers take advantage of that. They may pretend to be from your bank and ask you to send money “to yourself,” which actually goes to them.
Tip: Don’t respond to suspicious calls or texts — call your bank directly using the number on your card.
2. Money Mule Scams
You’re offered a job to move money through your bank account. It may seem harmless, but it could involve laundering stolen funds — and you could get into legal trouble.
Tip: Never accept jobs or favors that involve handling someone else’s money.
3. Overpayment Scams
You receive a check or payment for too much, and they ask you to send the difference back. Later, their payment bounces and you’re left with the loss.
Tip: Be cautious when selling things online — don’t send money back unless you’re sure the payment is legit.
4. Account Takeovers
Scammers trick you into giving up your login details. Once inside, they can drain your account.
Tip: Use strong, unique passwords and set up multifactor authentication (MFA) for extra protection.
5. Automatic Payment Scams
You sign up for a free trial or offer, then find unexpected charges on your account.
Tip: Regularly check your bank statements or use an app to monitor transactions.
Know the signs. Protect your money. Share this info with others!
If you’ve been targeted or need help, visit SMP Hawaii — we’re here to help our community stay informed and safe.
