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Maine Credit Union League, Target of Phishing Scam

Members of the Maine Credit Union League have been alerted of a phishing e-mail, purportedly being sent from the National Credit Union Administration that notifies the consumers that their private account is in state of compromise therefore they need to provide personal account details for their account's restoration.

Says Maine CU League's Jon Paradise that the e-mail in question is purely a scam. Bangorndailynews.com reported this on January 2, 2009. According to Paradise, the e-mail appears very real, although it is extremely scary. Furthermore, notes Paradise that seniors are more susceptible to such types of fraud.

In truth, the current e-mail represents another instance of phishing, whereby e-mail pretending to be sent from a government site or legitimate financial institution arrives into the recipient's inbox. The e-mail then persuades the recipient to click a link for updating personal account or for conducting a transaction. However, the link leads the victim onto a phishing site that resembles the actual one, but where all financial and personal details are phished off the user.

Here Paradise clarified that the members of the League would never get in touch with their consumers through e-mail requesting for personal account information.

Paradise also said that while the incident did not make it clear whether any consumer had been victimized in the phishing scam, normally many consumers do become victims of such official-looking e-mails and commit the mistake of sharing personal account details with the scammers.

Additionally Paradise said that there was always someone out there who engaged in creating such fraudulent e-mails for stealing information.

The League repeated the important measures the Maine CUs had adopted during recent years for raising awareness and to inform members about a new scam.

According to President John Murphy of the Maine CU League, awareness and caution constitute the optimum advice. Murphy said that if any consumer gets an e-mail saying that his account stands deactivated and that his account number, Social Security number or other information was required to reactivate the account, then he must notify the e-mail to his CU and then delete it. Mainecul.org reported this on January 3, 2009.

Related article: Man Sues and Wins against ISP for Spamming Mail

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