Warnings For Consumers From The Federal Reserve Board

09-09-2009 • I've Been Mugged

(Irony?) This blog is all about empowering consumers (whether you have been mugged or not) to protect their money and sensitive personal information. Last week, the Federal Reserve Board (FRB) issued a warning to consumers to be aware of: "... fraudulent solicitations that appear to be made with the approval or involvement of the Federal Reserve, Federal Reserve officials, or other U.S. government officials. These solicitations promise bogus financial services or large sums of money in exchange for either payment or personal information that can then be used to access a consumer's bank account."