\
Skip to content

Filter By Category

Chelsea Groton Fraud Prevention Resources

Providing customers with secure access to online banking and protection of personal financial information is a top priority of Chelsea Groton Bank. View the Bank’s fraud prevention resource page to help better identify when a scam is taking place and to learn ways to protect your information from bad actors. A few highlights:  Please note,…

The Grandparent Scam

The phone rings and the voice on the other end sounds awfully like your grandchild. The person says they experienced an emergency, such as an accident or an arrest, and need you to send them money immediately by either a wire, through cryptocurrency or via pre-paid gift cards. Overcome by the stress of the situation…

The Advancement of AI Technologies

While looking forward to the exciting advancements and efficiencies AI technology can foster, it’s important to be aware of the challenges it can pose. The Federal Trade Commission (FTC) and Federal Bureau of Investigation (FBI) have seen an uptick in cybercriminals using AI to enhance their fraud schemes. With crimes ranging from voice and video…

How Age Factors In

When it comes to thinking about fraud and scams, a common misconception is that it mainly affects older adults. Fraud targets all ages; however certain demographics are more likely to see select types of fraud. Whether you are tech-savvy or prefer to be offline, scammers have developed tactics to make us susceptible.   Younger Generations…

Increase in Mail Theft: How to Keep Your Personal Mail Safe

During the height of the pandemic, mail theft saw an 87% increase between the years of 2019 and 2022. Since then, the number of investigations into serious crimes has doubled, from 609 cases of mail carrier robbery to almost 1,200. The reason? They are on the hunt for your checks, credit cards, and information for identity…

Frauds Unexpected Target…College Students

Finding a college, moving into a dorm, making new friends, and diving into student life is enough to worry about. Life as a college student can be an exciting time but money is typically tight, and fraudsters know this! Fast cash promises, financial payment pressures, and jobs scams are just a few of the forms…

The Escalation of Pig Butchering

Scammers are constantly adapting to new ways to try to separate you from your money. One newer tactic that has been gaining traction in 2024 is pig butchering. Pig butchering is a long-con cryptocurrency scam that uses human emotions to prey upon its victims. From 2023 to 2024, the FBI estimates Americans lost nearly $4…

Wait…That’s Not Me! Identity Theft

Picture this: You’re sorting through your bills for the month, and you notice a handful of transactions you don’t remember making. You confer with other members of your family and they don’t recognize the set of transactions either. What could have happened? Unfortunately, your identity may have been compromised. What is identity theft? Identity theft…

8 Tips for Internet Safety

Most everyone browses online, completes tasks using the internet, or watches videos to learn a new skill or hobby. Life nowadays entails a huge digital focus, which certainly has its advantages, but also has new challenges. In 2022, Avast reported 50% of people use the same password, there was a 61% increase in phishing attacks,…