Safety & Fraud Prevention
NOTE: Bank of Labor will never reach out to you asking for personal information. If you receive any suspicious communication (text, phone, email, or social media), please do not click on any links and contact us immediately at 913.321.4242.
Do Yourself A Favor:
Avoid Social Media Scams
AARP’s® Fraud Watch Network shares 5 tips to avoid the ‘Do me a favor…’ messaging scams and other social media fraud:
Do Me A Favor’ Social Media Scam Hijacks Instagram Account | (aarp.org)
Child ID Theft is Nothing to Kid About.
Child ID theft is no joke. Learn about the four signs of child ID theft and tips on how to keep the personal information of your youngest family members safe.
How To Protect Your Child From Identity Theft | Consumer Advice (ftc.gov)
The ABCs of School Safety
Scholastic® and the National Association of Elementary School Principals (NAESP) share six quick tips to help families prepare for a safe and happy start to the school year:
To Help Reduce Elder Fraud, Pass Along Pass It On
Have you heard about Pass It On, a program created by the Federal Trade Commission (FTC) that encourages family, friends and caregivers to share elder fraud alerts and tips with older adults? Pass It On offers numerous resources on Elder Fraud issues including ID Theft, Tech Fraud, Romance Scams, Grandkid Schemes, Investment Fraud and more:
How to Avoid Text Fraud 😭
The Federal Communications Commission (FCC) reports sharply rising numbers of text scams in recent years. The FCC notes that scammers are taking advantage of the fact that today’s consumers are more likely to respond to a text than a phone call. Here are some tips they offer to help avoid being duped by a fraudulent text:
FinCEN Aims to Reduce Fraud with New Business Reporting Rules in 2024
The Financial Crimes Enforcement Network (FinCEN) published its first set of guidance materials to aid the public, and in particular the small business community, in understanding upcoming beneficial ownership information (BOI) reporting requirements taking effect on January 1, 2024.
The following materials are now available on FinCEN’s beneficial ownership information reporting webpage, www.fincen.gov/boi:
FAQs: https://www.fincen.gov/boi-faqs
Key Filing Dates: https://www.fincen.gov/sites/default/files/shared/BOI_Reporting_Filing_Dates-Published03.24.23_508C.pdf
Key Questions:
https://www.fincen.gov/sites/default/files/shared/BOI_Reporting_Key_Questions_Published_508C.pdf
An Introductory Video: https://youtu.be/nx48tPUbRK0
A More Detailed Informational Video: https://youtu.be/qP5V9k3ypl0
Read the entire news release at https://www.fincen.gov/news/news-releases/fincen-issues-initial-beneficial-ownership-information-reporting-guidance.
Don’t Let Crooks
Kidnap Your Data.
Ransomware is a type of malware crooks use to infect computers and encrypt files until a ransom is paid. Cybersecurity & Infrastructure Security Agency (CISA.gov) offers helpful tips on how to identify potential ransomware and provides suggestions on ways to protect your data: Protecting Against Ransomware | CISA
File These Tips to Spot & Stop Tax Fraud.
The IRS estimates that Tax Fraud costs the US $1 trillion a year. Tax Fraud takes many forms, including:
- False exemptions or deductions
- Kickbacks
- A false or altered document
- More Types of Tax Fraud
If you suspect possible tax fraud, you can do something about it! The IRS has an online form you can submit to report suspected tax fraud: How Do You Report Suspected Tax Fraud Activity? | Internal Revenue Service
Learn more about how to spot and avoid Tax Fraud at:
Tax Fraud Alerts | Internal Revenue Service
Tax Return Preparer Fraud – Taxpayer Advocate Service
Contact Us
Need to reach us? Please contact us at the number below and our team will gladly assist you. If you would like to open an account or speak to a personal banker visit us at any of our locations located in the Greater Kansas City Metro Area.
Telephone
+1 913 321 4242
Address
756 Minnesota Avenue
Kansas City, Kansas 66101