Protect Yourself against FDIC Imposters!

The Federal Deposit Insurance Corporation (FDIC) has received reports of scammers pretending to be with the FDIC. People trust the FDIC so con artists use the FDIC logo and actual employee names in their fraudulent schemes.

People are contacted in a number of ways – email, phone, text, social media, fax or letter.

You may be asked to “confirm” or “verify” confidential information such as bank account numbers. Some scams ask you to pay taxes on prize winnings. Other times they claim you have an unpaid debt or request you help fraud victims, endorse a check, complete a bankruptcy form or confirm an investment purchase.

Additional scams ask for an up-front payment in the form of gift cards or digital currency before service can be provided. They might include a cashier’s check with instructions to deposit the check and send some portion of the funds back via wire transfer. Scammers might ask for Social Security numbers, dates of birth, and other personal information they can use to commit fraud or sell your identity.

Here are facts to protect yourself:

  • The FDIC never sends correspondence asking people to send money.
  • Government agencies don’t ask for payment by gift card, wire or digital currency.
  • The FDIC will never ask for your passwords or numbers of your personal bank accounts, credit/debit cards or social security.



FDIC Consumer News March 23, 2020.

More tips and a complete copy of this FDIC article can be found at, or by calling the FDIC at 877-275-3342.


Back to Top