Thank you for sharing!

Your article was successfully shared with the contacts you provided.
cybersecurity locks on mobile banking accounts Source: Shutterstock.

Teenagers are being targeted on social media and other sites in a scam involving counterfeit checks and the promise of quick cash, the chief administrative officer at the San Jose, Calif.-based 1st United Credit Union said in a public advisory that offered tips to help counter the alleged scheme.

Greg Pulliam, the chief administrative officer, said 1st United Credit Union has seen a “recent wave” of money scams that target teenagers via text messages, social media and dating sites. Teenagers are asked to deposit a check, told to keep a portion for themselves and then instructed to send the remainder back via Venmo, gift cards or other means.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.