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Colorado Credit Union

Holiday Season Fraud Awareness

Holiday Season Fraud Awareness cover

Published 12/01/2023

As the holiday season approaches, it is crucial to remain vigilant against the surge of fraud schemes that tend to escalate during this festive time. One prevalent threat is fake websites that mimic legitimate retailers, luring unsuspecting shoppers with enticing deals. These sites may compromise personal and financial information, leading to identity theft or financial loss.

Equally concerning are fraudulent social media ads, which can appear convincing but redirect users to malicious sites. To safeguard against such risks, it is essential to verify the authenticity of websites and ads, ensuring they belong to reputable businesses before making any online purchases. 

Additionally, be wary of fraudulent text messages claiming to offer exclusive holiday deals or urgent notifications. Scammers often use phishing techniques to extract sensitive information through seemingly innocent messages. Stay informed and share this caution with friends and family, promoting a collective effort to combat holiday fraud.

Remember, a moment of caution can save you from potential frauds and contribute to a safer online shopping experience for everyone. 

Channel 7 Denver has a fantastic article and video featuring Dr. Dennis Natali at Pikes Peak State College who shares his "12 frauds of Christmas" to help you be more aware of potential threats this holiday season.  

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