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Better Business Bureau Issues Nationwide Scam Warning

The BBB has issued a nationwide warning about a new scam claiming that President Obama will pay consumers’ utility bills through a new federal program.
Consumers have been contacted through telephone calls, fliers, social media and text messages, and other means with claims that President Obama is providing credits or applying payments to utility bills.

To receive the money, scammers claim they need the consumer's Social Security Number, and bank routing number and/or account number. In return, customers are given a fraudulent bank routing number to use in order to pay their utility bills through an automated (telephone) service. 

The payment service initially ‘accepts’ the payment but then declines it within a few days when the banking information is discovered to be invalid. The consumer’s bill has not been paid and his/her SSN and personal financial information have been compromised.

The BBB offers tips to consumers to avoid becoming a victim of this scam, and additional information on identify theft scams.

NACHA maintains a Fraud & Phishing Resource area on www.nacha.org.


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