Fraud Prevention Month – Gift Card Scam – Case Study*
Do you know someone who has been targeted by the infamous gift card scam?
How about a Facebook Marketplace scam?
These scams are becoming so commonplace that most of us either know someone who has been targeted, or maybe we have been targeted ourselves.
Gift card scam – Anyone can be a victim Picture this scenario: it’s Christmas time, and a senior customer is feeling particularly anxious leading up to the holidays. The customer receives a phone call from ‘Amazon’ advising her of fraud on her account and a large purchase that was recently made for an iPad. The caller instills fear and urgency in the client, playing on her pre-existing anxiety....
Facebook Marketplace Scam - A client recently contacted our Bank Fraud Operations team to report that he had a gut feeling he may be a victim of a scam...
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A rise in interest rates typically causes bond prices to fall. The longer the average maturity of the bonds held by a fund, the more sensitive a fund is likely to be to interest-rate changes. The yield earned by a fund will vary with changes in interest rates.
Currency risk is the risk that fluctuations in exchange rates may adversely affect the value of a fund’s investments.
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