ePayResources Updates on Uniform Payments Fraud Alert
There has been massive fraudulent item activity for RDFI ABA 262085863.
*Warning and document originally published by ePayResources on August 14, 2017
URGENT FRAUD UPDATE: Fraudulent payment scam last reported on August 11 is now using the RTN of Social Security Credit Union (262085863), Birmingham, Alabama.
There has been massive fraudulent item activity for RDFI ABA 262085863. Please monitor origination activity to this ABA to identify high volumes of small dollar transactions or unusual spikes in volumes, or block this ABA on all new originations until you have fully investigated the legitimacy of the transactions.
On July 31 and August 11, ePayResources reported that the Federal Reserve Banks have received unauthorized transactions in which consumers have tried to use the Fed's routing numbers and their own Social Security numbers to pay their bills. The Federal Trade Commission (FTC) also reports that federal officials, consumer advocates, and businesses are hearing from people who have responded to ads, websites, phone calls, text messages, and visits from sales people who claim the federal government will pay their bills in exchange for a fee and personal information. In addition, a video currently available on YouTube attempts to convince viewers that they can legally pay their bills through Treasury Direct Accounts.