Watch Out for Card Popping

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There’s a scam making its way through Facebook® or Twitter®, offering a “legitimate” way to make $1,000, $5,000 or more in exchange for personal information, such as your debit card number and PIN. Don’t fall for it. It’s fraud.

In this scam known as “card popping,” fraudsters claim that if you give them your account information, including debit card number, PIN, online login and other sensitive information, they’ll use your account for allegedly legitimate purposes and leave you with more money than they take out.
 
In some cases, the scammers say they’ll use your bank account information to cash checks because they are unable to do so themselves.
 
Once the scammers gain access to your bank account, they use it to deposit bad checks, and then withdraw money before the checks are discovered to be fake.
 
If the opportunity sounds to good to be true it probably is. Protect yourself from scammers and talk to your banker before you hand out any account information. 
 
For more information on this and other financial questions visit BECU’s collection of resources.