>
>
Mortgage
>
>
Buying a Home
>
Refinancing A Home
>
Construction Loans
>
Second and Vacation Homes
>
Investment Property Loans
>
First-Time Home Buyer Guide
>
Meet With Us
>
Home Equity
>
>
Home Equity Loans
>
Home Equity Line of Credit
>
Compare Home Equity Options
>
Auto
>
>
New Vehicles
>
Used Vehicles
>
Recreational Vehicles
>
Discount Auto Insurance
>
Personal
>
>
Personal Loans
>
Personal Lines of Credit
>
Student
>
>
Private Student Loans
>
Student Loans Refinance
>
Energy
>
>
Energy Efficient Loan
>
Solar Energy Loan
>
Loan Payment Calculator
>
First-Time Homebuyer Videos
>
Auto Buying Resources
>
Make a Payment
>
>
Credit Cards
>
>
Ultimate CashPerks
>
Visa Platinum Rewards
>
Visa Platinum
>
Student Rewards
>
Global Good Card
>
Debt Consolidation Calculator
>
How to Improve Credit Score
>
Budgeting Worksheet
>
Balance Transfer Calculator
>
Make a Payment
>
>
Investment Options
>
>
Mutual Funds
>
Managed Accounts
>
Stocks and Bonds
>
IRAs
>
Annuities
>
Guided Wealth Portfolios
>
Preparing For Your Future
>
>
Saving Money For Retirement
>
Living in Retirement
>
Saving For College
>
Meet With Us
>
>
Basics of Investing
>
Investment Blogs
>
Investment Events
>
Retirement Calculator
>
IRA Retirement Central
>
On You
>
Life
>
Annuities
>
Long Term Care
>
AD&D
On Purchases
>
Auto
>
Loan Protection
>
Homeowners
>
Value of Insurance
>
Calculate Insurance Needs
Know When to Scroll: Avoiding Instagram & Social Media Scams
February 23, 2024
>
Fraud & Scams
With over 500 million daily active users, Instagram has become a popular app for sharing photos, connecting with friends and even following the lives of celebrities and influencers. But where there are lots of users, there are also – you guessed it – scammers looking for opportunity.
So while you’re scrolling, liking and sharing, keep these 3 common Instagram scams in mind:
1. FAKE PRODUCT AND SHOPPING SCAMS
See an ad for a popular, name-brand item at a low price? Before you click that ad, know that many scammers use social media to promote fake products to steal your personal information – even appearing to have lots of followers to make them seem legit.
Pro tip: Go directly to the brand’s website instead of clicking the link. Many times websites will even have their social accounts linked in their website footer.
2. INFLUENCER SCAMS
While there are lots of real influencers on social media, some of them are made to scam you into fake investment opportunities or “get rich quick” deals. If their profile looks “off” (for example, having a huge following with a low engagement rate) or the products they’re promoting don’t seem real, it’s likely a scam. And remember, scammers love to use pressure tactics and encourage you to act quickly. Take a step back and ask yourself if the deal or promotion seems too good to be true.
3. PHISHING SCAMS
On social media, this common fraud tactic usually comes in the form of an email or direct message (DM) alerting you that your account is in danger and hoping you'll click a link or call to provide personal info. Remember, Instagram will never DM you about your account. You can also see official Instagram emails sent in the last 14 days in your settings.
And while these types of scams are common on Instagram, they could happen on any social media platform. Always take caution before you engage and share.
If you think you’ve been a victim of an Instagram or other social media scam, reach out to your financial institution right away. Summit members, contact us at 800‑236‑5560.
We appreciate you sharing details with us when you hear of, or experience, a possible scam! This helps us inform and protect our members and community.
>>
Sources: SocialPilot Norton
You might also be interested in
>
>
>
>
>
>
>
Social Security Scams: What To Watch For
>
For many, Social Security is a main source of income later in life, and no one wants to lose out on those funds or a perceived opportunity for more be
>
>
Keep an Eye Out for AI Scams
>
If there’s anything we know for sure about scammers, it’s that they’re going to take advantage of new technology. Artificial Intelligence (AI) is crea
>
>
Know When to Scroll: Avoiding Instagram & Social Media Scams
>
With over 500 million daily active users, Instagram has become a popular app for sharing photos, connecting with friends and even following the lives
>
>
Add Streaming Scams to Your Watch List
>
“My daughter was excited to watch her high school team play for the state title. To livestream the game, she clicked what she thought was an official
>
>
What to do if you’ve clicked a suspicious link
>
Fraudsters are getting trickier by the day, and it can be tough to tell if that email, text or online ad is fake or legit. Especially when they pose a
>
>
Social Security Scams: What To Watch Out For
>
For many, Social Security is a main source of income later in life, and no one wants to lose out on those funds or a perceived opportunity for more be
>
>
QR Codes: Convenient, Popular & an Easy Scam Target
>
Whether you’re grabbing a bite to eat at an airport restaurant or at a happy hour after work, chances are you’ll see a QR (quick response) code on the
>
>
Stay One Step Ahead of Loan Scammers
>
Whether you need some cash to pay off holiday debt, get snow tires or cover a surprise medical bill, be aware that loan scammer are all too eager to o
>
>
5 Ways to Avoid Crypto Scams
>
Scammers love fresh opportunity and they’ve found it in cryptocurrency, like Bitcoin and many others. Along with running investment scams, crypto frau
>
Featured Products
>
Certificates
>
Checking Accounts
>
Home Equity Loans
>
Home Loans
>
Business Banking
>
Upcoming Events
>
Programs
>
Tools & Calculators
>
On-demand Webinars
>
Podcasts
About
>
Equity in Money™
>
About Summit
>
Careers
>
News
>
Community Giving
About
>
>
Equity in Money™
>
About Summit
>
Careers
>
News
>
Community Giving
Help & Support
>
Contact Us
>
Member Support Center
>
Schedule an Appointment
>
Find a Branch
Help & Support
>
>
Contact Us
>
Member Support Center
>
Schedule an Appointment
>
Find a Branch
You are leaving Summit Credit Union
>
>
Please read the following before proceeding to:
The website you are about to visit is solely the responsibility of the merchant or other party providing the site. The content of this third-party site, including materials and information, is solely the responsibility of the provider of the site. The Credit Union is not responsible for any such third-party content. Any transactions that you enter into with a vendor, merchant or other party that you access through this third-party site are solely between you and that vendor, merchant or other party. The Credit Union does not endorse the content contained in this third-party site, nor the organization publishing the site, and hereby disclaims any responsibility for such content. The Credit Union Privacy Policy does not apply to this third-party site, and for further information you should consult the privacy disclosures of the third-party site.
*
The Wisconsin's #1 Mortgage Lender designation is based on the number of loans in 2022, gathered from the Home Mortgage Disclosure Act data compiled annually by the Consumer Financial Protection Bureau. The results of the data were obtained through the