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(From the Financial Literacy Blog) — With the government shutdown still underway, many Mainers are facing uncertainty—from delayed paychecks to questions about benefits and services. During challenging times like these, our credit unions remain focused on what matters most: People Helping People. Unfortunately, scammers are trying to take advantage of that uncertainty and the generosity of others.
What’s Happening
Nationwide, we are hearing that consumers are receiving scam calls, texts, and emails from people pretending to represent government agencies like the IRS, Social Security, or FEMA. These scammers claim your benefits, tax refunds, or paychecks are being held because of the shutdown—and that you need to “verify” your information or send money to release the funds.
These are scams. Legitimate government agencies will never call, text, or email you unexpectedly to ask for money, gift cards, or personal details.
We also encourage you to be cautious with online fundraisers and crowdfunding campaigns that claim to help families affected by the shutdown. Before making a generous donation, take a moment to verify that the fundraiser is legitimate. Sadly, fraudsters sometimes set up fake GoFundMe pages or charity drives to exploit people’s kindness.
Red Flags to Watch For
Scammers use many methods to reach people—phone calls, texts, emails, and even fake websites that look official. Here are a few warning signs to look out for:
- Requests for payment through gift cards, Venmo, or cryptocurrency.
- Messages using urgent or threatening language like “immediate action required” or “account suspended due to shutdown.”
- Claims that your benefits or refund will be canceled unless you respond.
- Caller ID that appears to show a government agency or even your financial institution (spoofing is common).
If you didn’t initiate the contact, don’t engage. Hang up, delete the message, and if you’re ever unsure, reach out directly to the agency or your credit union using official contact information. Keep in mind that many government offices may be closed right now, so it might take longer to reach someone.
What to Do If You Think You’ve Been Scammed
If you’ve shared any personal or financial information, contact your credit union right away. Our teams are here to help you secure your accounts and take steps to protect your finances. You can also freeze your credit with the three major credit bureaus and alert them that you may be a victim of fraud—this helps prevent new accounts from being opened in your name.
Finally, report scams to the Maine Attorney General’s Office, and when the government re-opens, contact that Federal Trade Commission at ReportFraud.ftc.gov.
Credit Unions Are Here for You
Times like these remind us why credit unions exist—to support our members and our communities. If you have questions about your accounts, need financial guidance, or just want to talk through your options, please reach out to your local credit union. Together, we can keep our communities strong and protect one another from those looking to take advantage during uncertain times.